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Intangible assets
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets
Intangible assets
Changes in net book value during the presented periods are summarized below:
 
Software

 
Technology and customer relationships

 
Construction in Progress

 
Total

 
(in thousands)
Net book value at January 1, 2015
$
5,122

 
$
7,356


$
343

 
$
12,821

Additions to intangible assets
5,645

 
554


1,172

 
7,371

Amortization expense
(3,631
)
 
(6,604
)


 
(10,235
)
Change in consolidation scope
1

 
7,800



 
7,801

Currency translation adjustment
(570
)
 
(666
)

(52
)
 
(1,288
)
Transfer into service
314

 


(314
)
 

Net book value at December 31, 2015
6,881

 
8,440

 
1,149

 
16,470

Gross book value at end of period
15,863

 
18,538


1,149

 
35,550

Accumulated depreciation and impairment at end of period
(8,982
)
 
(10,098
)


 
(19,080
)
Net book value at January 1, 2016
6,881

 
8,440

 
1,149

 
16,470

Additions to intangible assets
7,972

 
553



 
8,525

Amortization expense
(3,449
)
 
(4,969
)


 
(8,418
)
Change in consolidation scope
3

 
86,230


788

 
87,021

Currency translation adjustment
(455
)
 
(185
)

(14
)
 
(654
)
Transfer into service
435

 
594


(1,029
)
 

Net book value at December 31, 2016
$
11,387

 
$
90,663

 
$
894

 
$
102,944

Gross book value at end of period
22,770

 
106,328


894

 
129,992

Accumulated depreciation and impairment at end of period
(11,383
)
 
(15,665
)


 
(27,048
)

Additions to software consist mainly of internal-use software and IT licenses. Additions to technology and customer relationships relate to a preliminary valuation of Monsieur Drive and HookLogic identified intangibles, as the purchase price allocation is in progress as of December 31, 2016 (classified under “Change in consolidation scope”). Amortization on technology and customer relationships relates to Monsieur Drive, Datapop, Tedemis and Ad-X Limited) intangibles resulting from business combinations.
As of December 31, 2016, expected amortization expense for intangible assets other than intangible assets recognized in conjunction with the HookLogic acquisition (refer to Note 3) for the next five years is as follows (in thousands):
 
Software

 
Technology and customer relationships

 
Total

2017
$
5,116


$
2,709

 
$
7,825

2018
4,321


2,411

 
6,732

2019
2,218


436

 
2,654

2020
586



 
586

2021
11



 
11

Total
$
12,252

 
$
5,556

 
$
17,808


The average life of the software, the technology and customer relationships is 3 years.