in thousands of EUR

2018

2017

Development costs for information systems

33,684

27,271

Computer software

2,608

2,702

Balance sheet value as at 31 December

36,292

29,973

Development costs for information systems

The development costs for information systems relate to the development costs for the banking system.

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

in thousands of EUR

2018

2017

Purchase value as at 1 January

43,828

33,006

Cumulative amortisation as at 1 January

–16,557

–13,445

 

 

 

Balance sheet value as at 1 January

27,271

19,561

Capitalised expenses

12,854

11,389

Amortisation

–5,908

–3,630

Impairments

–512

Exchange rate result on foreign currency

–21

–49

Balance sheet value as at 31 December

33,684

27,271

 

 

 

Purchase value as at 31 December

57,442

43,828

Cumulative amortisation as at 31 December

–23,758

–16,557

Balance sheet value as at 31 December

33,684

27,271

Computer software

Computer software relate to software that has been purchased.

The movement in computer software is as follows:

in thousands of EUR

2018

2017

Purchase value as at 1 January

4,307

3,640

Cumulative amortisation as at 1 January

–1,605

–1,649

 

 

 

Balance sheet value as at 1 January

2,702

1,991

Purchase

981

1,927

Amortisation

–1,075

–1,216

Balance sheet value as at 31 December

2,608

2,702

 

 

 

Purchase value as at 31 December

4,612

4,307

Cumulative amortisation as at 31 December

–2,004

–1,605

Balance sheet value as at 31 December

2,608

2,702