21 | Intangible assets
| in TUSD | Assets under development | Internally developed | Acquired | Total |
|---|---|---|---|---|
| Cost | ||||
| Balance as at 1 January 2021 | 1,026 | 0 | 8,867 | 9,893 |
| Additions | 17,070 | 0 | 1,370 | 18,440 |
| Reclassifications | 0 | 0 | 0 | 0 |
| Balance as at 31 December 2021 | 18,095 | 0 | 10,237 | 28,332 |
| Additions | 12,307 | 0 | 0 | 12,307 |
| Reclassifications | -28,823 | 29,196 | 0 | 373 |
| Foreign exchange effects | 52 | 0 | 0 | 52 |
| Balance as at 31 December 2022 | 1,631 | 29,196 | 10,237 | 41,064 |
| Accumulated depreciation | ||||
| Balance as at 1 January 2021 | 0 | 0 | 7,067 | 7,067 |
| Amortisation | 0 | 0 | 1,258 | 1,258 |
| Reclassifications | 0 | 0 | 0 | 0 |
| Balance as at 31 December 2021 | 0 | 0 | 8,325 | 8,325 |
| Amortisation | 0 | 3,893 | 1,116 | 5,009 |
| Balance as at 31 December 2022 | 0 | 3,893 | 9,441 | 13,334 |
| Net carrying amount | ||||
| As at 31 December 2021 | 18,095 | 0 | 1,912 | 20,007 |
| As at 31 December 2022 | 1,631 | 25,303 | 796 | 27,730 |
Internally developed intangible assets mainly comprise the initial set-up costs for the FIFA+ platform, which has been reclassified from intangible assets under development, the platform having been launched in 2022. The internally developed intangible assets as at 31 December 2022 have a carrying amount of USD 25.3 million and a remaining amortisation period of four years.
Acquired intangible assets mainly include FIFA’s enterprise resource planning (ERP) system as well as other related software.