Amortization of intangibles

What is Amortization of intangibles?

Amortization of intangibles represents the systematic allocation of the cost of intangible assets, excluding deferred charges, to the income statement over their economic useful lives when these intangibles have definite useful lives, as determined by the law and local regulatory bodies or management's estimates.

Only annual data are available.

It includes:

• Amortization of goodwill/cost in excess of net assets purchased;
• Amortization of intangible assets, reported within revenues.