BASF Report 2021 Consoli dated Financial Statements – Notes 238 Development of intangible assets Additions from acquisitions resulted in the amount of €392 mil- lion from the acquisition of the 51% share in BASF Shanshan Development of intangible assets 2021 Battery Materials Co., Ltd., Changsha, China. It is allocated to the Million € Surface Technologies segment. Know-how, Internally Product rights, patents and generated Other For more information on acquisitions, see Note 3 from page 207 onward Distribution and licenses and production intangible rights and a similar rights trademarks technologies assets values Goodwill Total Disposals of intangible assets amounting to €638 million primarily Cost concerned fully amortized distribution and similar rights in the As of January 1, 2021 2,731 1,387 4,182 234 973 7,734 17,241 Industrial Solutions and Nutrition & Care segments. Furthermore, Changes in the scope of consolidation 0 6 0 – 0 – 6 customer relationships in the amount of €72 million and goodwill in Additions 2 1 16 32 28 – 78 the amount of €8 million were derecognized in connection with a Additions from acquisitions 45 – 89 – 5 254 392 divestiture in the Nutrition & Care segment. In addition, goodwill was derecognized through a divestiture in the Surface Technologies Disposals –335 –17 –142 –3 –82 –60 –638 segment. Transfers 0 0 –17 5 8 – –4 Transfers to disposal groups – – 0 – 0 –13 –13 Transfers to disposal groups related to the adjustment of Currency effects 105 42 176 1 16 400 739 reclassified amounts of the divested pigments business and good- As of December 31, 2021 2,547 1,419 4,304 268 949 8,314 17,802 will of the kaolin minerals business held for sale. Accumulated amortization In 2021, additions to accumulated amortization contained As of January 1, 2021 1,340 275 1,185 140 381 775 4,096 impairments of €2 million. They primarily related to unrealized IT Changes in the scope of consolidation 0 7 0 0 0 – 7 projects not allocated to an operational segment. Additions 171 44 260 26 113 – 614 of which impairments 0 – 1 1 – – 2 Disposals –320 –17 –142 –3 –74 –26 –581 Transfers 0 – 0 0 0 – 0 Transfers to disposal groups 0 – 0 – 0 – 0 Currency effects 52 7 52 0 10 45 167 As of December 31, 2021 1,243 316 1,356 164 430 794 4,303 Net carrying amount as of 1,304 1,103 2,949 104 520 7,520 13,499 December 31, 2021 a Including licenses to such rights and values