Note 9 - Intangible assets
| Group, SEK million | Capitalised development projects | Other | Ongoing projects | Total, Parent Company | Goodwill | Licenses | Other | Total Group |
| Accumulated cost | ||||||||
| Opening balance 1 January 2009 | 447 | 19 | 25 | 491 | — | 18 | — | 509 |
| Acquisitions | — | — | 35 | 35 | — | — | — | 35 |
| Conversions | — | — | — | — | — | — | — | — |
| Closing balance 31 December 2009 | 447 | 19 | 60 | 526 | — | 18 | — | 544 |
| Opening balance 1 January 2010 | 447 | 19 | 60 | 526 | — | 18 | — | 544 |
| Acquisitions | 5 | — | 4 | 9 | 19 | — | 1 | 29 |
| Conversions | 46 | — | –46 | 0 | — | 1 | — | 1 |
| Divestments | –51 | –19 | — | –70 | — | — | — | –70 |
| Closing balance 31 December 2010 | 448 | — | 18 | 465 | 19 | 19 | 1 | 504 |
| Accumulated depreciation, amortisation and impairment | ||||||||
| Opening balance 1 January 2009 | –228 | –17 | — | –245 | — | –5 | — | –249 |
| Depreciation for the year | –43 | –2 | — | –45 | — | –4 | — | –49 |
| Impairment for the year | — | — | — | — | — | — | — | — |
| Closing balance 31 December 2009 | –271 | –19 | — | –289 | — | –8 | — | –297 |
| Opening balance 1 January 2010 | –271 | –19 | — | –289 | — | –8 | — | –297 |
| Depreciation, amortisation for the year | –45 | — | — | –45 | — | –4 | — | –49 |
| Impairment for the year | — | — | — | — | — | — | — | — |
| Divestments | 51 | 19 | — | 70 | — | — | — | 70 |
| Closing balance 31 December 2010 | –264 | — | — | –264 | — | –12 | — | –276 |
| Carrying amount 31 December 2009 | 177 | 0 | 60 | 237 | — | 10 | — | 247 |
| Carrying amount 31 December 2010 | 183 | — | 18 | 201 | 19 | 7 | 1 | 228 |
Capitalised development projects
Intangible assets primarily comprise capitalised development expenditures, where the following represent the major items:
GEM
GEM is a gaming platform for the Gaming & Lotteries business area. The carrying amount of GEM is SEK 136.1 million (162.7). The estimated amortisation period is ten years and the investment will be completely amortised in 2016. The ten-year amortisation period is applied since IT platforms of the type represented by GEM are typically utilised over a period of at least ten years.
ES
Another unit is a gaming platform called ES for the Vegas business area. The carrying amount is SEK 0 million (0). The amortisation period is estimated at five years and the investment was fully amortised in 2009. A new gaming platform that is to replace ES is under development, which will be leased from the supplier.
Online products
In 2009, Svenska Spel developed a new service that enables subscription to the Lotto product. The service has been available as of 1 January 2010 and the carrying amount at year end was SEK 5.1 million (7.7). The amortisation period for the asset is deemed to be three years.
svenskaspel.se
Svenska Spel launched a new website on 15 September 2008. The changes involve a new appearance, improved overview, more interactivity and compulsory weekly budget. The carrying amount of the asset is SEK 5.7 million (14.0). The amortisation period for the asset is deemed to be three years and it will be fully amortised in 2011.
Datawarehouse
A new datawarehouse has been created and put to use during 2010. Its carrying amount was SEK 36.2 million (38.4) and it is estimated to have an amortisation period of three years.
Costs for capitalised development projects
The total amount of development project costs that have been expensed during the year is SEK 70 million (47) and relates to Parent Company and Group projects.
Other
Other intangible assets comprise corporate acquisitions of the seven bingo halls acquired by Svenska Spel during 2007. The acquisitions were fully amortised during 2009 and divested in 2010.
Ongoing projects
SEK 14.1 million pertains to the new central system for Vegas and SEK 4.1 million to development projects for the introduction of electronic vouchers.
Goodwill
On 12 March 2010, the Svenska Spel Group acquired shares of the company Playscan AB, whose operations comprise the development, maintenance and sale of the gaming management tool, PlayscanTM. The total purchase consideration of the acquisition was SEK 21.2 million. Based on an acquisition analysis, SEK 19.1 million was classified as goodwill. Since the useful life is indeterminable, assessments of the recoverable amount will be performed annually.
Licenses
Licences recognised in the balance sheet pertain to system licences for Casino Cosmopol. The carrying amount is SEK 7.0 million (9.7) and the amortisation period is five years.