M SEK 2012 2011 2010 Openin g balance 2 239.5 1 555.9 1 265.3 Capit al e xpenditures 282.8 705.4 440.3 Derecognition of fully amortiz ed assets 2 -22.7 -7.5 -23.1 T r anslation diference -150.8 -14.3 -126.6 Closin g accumulated balance 2 348.8 2 239.5 1 555.9 Openin g amortization -665.4 -459.4 -370.4 R e v er sal of amortization on derecogniz ed assets 2 22.7 7.5 23.1 Amortization for the y ear -271.6 -218.2 -164.3 T r anslation diference 77.0 4.7 52.2 Closin g accumulated amortization -837.3 -665.4 -459.4 Openin g impairment losses – – – Impairment losses for the y ear -9.6 – – T r anslation diference – – – Closin g accumulated impairment losses -9.6 – – Closin g residual v alue 1 501.9 1 574.1 1 096.5 1 The balance consis ts mainly of contr act portfolios and related cus tomer relations. 2 The Group derecogniz es fully amortiz ed acquisition related int an g ible assets if a reliable es timate of future cash fo ws cannot be es t ablished. The net impact of such derecognition on the closin g residual v alue is nil. N O TE 19 O ther intangible as se ts Soft w are licenses Other int an g ible assets 1 M SEK 2012 2011 2010 2012 2011 2010 Openin g balance 697.7 633.8 653.5 223.2 148.9 125.4 Acquisitions 1.7 4.8 5.5 0.4 2.7 – Capit al e xpenditures 98.0 70.2 60.0 59.7 67.3 35.4 Disposals / write-ofs -40.2 -2.7 -21.0 -0.7 – -1.3 R eclassifcation -4.4 -1.1 -4.2 -0.9 5.3 -0.3 T r anslation diference -19.0 -7.3 -60.0 -5.2 -1.0 -10.3 Closin g accumulated balance 733.8 697.7 633.8 276.5 223.2 148.9 Openin g amortization -473.2 -421.2 -423.7 -117.2 -89.1 -76.8 Acquisitions -2.1 -1.4 -4.5 0.1 -1.0 – Disposals / write-ofs 26.2 2.3 19.9 0.1 – 0.9 R eclassifcation – 0.0 3.6 – -1.5 -0.1 Amortization for the y ear -59.3 -58.6 -63.8 -34.9 -26.5 -20.3 T r anslation diference 14.7 5.7 47.3 3.4 0.9 7.2 Closin g accumulated amortization -493.7 -473.2 -421.2 -148.5 -117.2 -89.1 Closin g residual v alue 240.1 224.5 212.6 128.0 106.0 59.8 1 M ainly related to individual cus tomer contr acts within M obile and M onitorin g. F urthermore the br and name Securit as in one of the Group ’ s countries of oper ations is included with M SEK 15.9 (15.9 and 0.0). N O TE 17 Goodwill 1 M SEK 2012 2011 2010 Openin g balance 15   066.4 13 681.4 13 948.1 Capit al e xpenditures 262.0 1 410.3 908.6 T r anslation diference -710.8 -25.3 -1 175.3 Closin g accumulated balance 14   617.6 15 066.4 13 681.4 Openin g impairment losses -339.0 -342.6 -389.8 Impairment losses for the y ear -15.9 – – T r anslation diference 12.7 3.6 47.2 Closin g accumulated impairment losses -342.2 -339.0 -342.6 Closin g residual v alue 14  275.4 14 727.4 13 338.8 1 Information re gar din g impairment tes tin g is pro vided in note 16. N O TE 18 A cquisition relat ed intangible as se ts 1 109 Annual R eport Notes and comments to the consolidated fnancial s t atements Securit as Annual R eport 2012