2021

2020

Development costs for information systems

46,104

43,274

Management contracts

957

1,159

Computer software

1,243

1,330

Balance sheet value as at 31 December

48,304

45,763

The development costs for information systems

The development costs for information systems contain costs for internally developed intangible assets related to the Bank’s ICT systems in The Netherlands, Spain and Germany.

The movement in the development costs for the information systems item is as follows:

 

2021

2020

Purchase value as at 1 January

69,830

70,628

Cumulative amortisation as at 1 January

-26,556

-32,416

Balance sheet value as at 1 January

43,274

38,212

Internal development

13,889

14,732

Acquisitions

-

-

Amortisation

-10,829

-9,577

Impairments

-318

-

Exchange rate results on foreign currencies

88

-93

Balance sheet value as at 31 December

46,104

43,274

 

 

 

Purchase value as at 31 December

81,816

69,830

Cumulative amortisation as at 31 December

-35,712

-26,556

Balance sheet value as at 31 December

46,104

43,274

Management contracts

The management contracts relate to contracts for the management of funds by Triodos Investment Management. When it acquired its participating interest in Triodos Investment Management in 2006, Triodos Bank paid EUR 4 million for this to Stichting Triodos Holding. No impairment was recognised based on the remaining usefulness of the contracts.

The movement in management contracts is as follows:

 

2021

2020

Purchase value as at 1 January

4,030

4,030

Cumulative amortisation as at 1 January

-2,871

-2,670

Balance sheet value as at 1 January

1,159

1,360

Amortisation

-202

-201

Balance sheet value as at 31 December

957

1,159

 

 

 

Purchase value as at 31 December

4,030

4,030

Cumulative amortisation as at 31 December

-3,073

-2,871

Balance sheet value as at 31 December

957

1,159

Computer software

Computer software relate to software that has been purchased. The movement in computer software is as follows:

 

2021

2020

Purchase value as at 1 January

3,903

4,573

Cumulative amortisation as at 1 January

-2,573

-2,602

Balance sheet value as at 1 January

1,330

1,971

Internal development

-

-

Acquisitions

583

245

Amortisation

-656

-882

Impairment

-15

-

Exchange rate results on foreign currencies

1

-4

Balance sheet value as at 31 December

1,243

1,330

 

 

 

Purchase value as at 31 December

4,088

3,903

Cumulative amortisation as at 31 December

-2,845

-2,573

Balance sheet value as at 31 December

1,243

1,330