Annual Report 2017/18

Note 15 – Tangible non-current assets

Opening cost of acquisition3,4231,049
Closing accumulated cost of acquisition4,5273,423
Opening depreciation-724-641
Depreciation for the year-981-83
Closing accumulated depreciation-1,705-724
Closing carrying amount2,8222,699

The acquisition of FEO Media AB included depreciation of SEK 64,131. Exchange rate difference in GBP during the year amounts to SEK 35,427, which affects depreciation. Depreciation during the year affecting earnings is shown in Note 29.