| INTANGIBLE ASSETS |
NOTE 10 – INTANGIBLE ASSETS | | | | | | | | | | | 1 January | | | | | | 31 December | | | 2024 | | Additions(*) | | Transfer | | 2024 | | | | | | | | | | Cost: | | | | | | | | | Acquired software and rights | | 1,206,119 | | 202,389 | | 2,443 | | 1,410,951 | Website development costs (**) | | 4,485,751 | | 1,389,110 | | — | | 5,874,861 | Goodwill | | 411 | | — | | — | | 411 | Other (***) | | 8,901 | | 5,977 | | (2,443) | | 12,435 | | | | | | | | | | Total | | 5,701,182 | | 1,597,476 | | — | | 7,298,658 | | | | | | | | | | Accumulated amortization: | | | | | | | | | Acquired software and rights | | (866,499) | | (126,892) | | — | | (993,391) | Website development costs | | (2,158,499) | | (1,087,720) | | — | | (3,246,219) | | | | | | | | | | Total | | (3,024,998) | | (1,214,612) | | — | | (4,239,610) | | | | | | | | | | Net book value | | 2,676,184 | | | | | | 3,059,048 |
(*)Personnel bonus provision related to direct employee costs amounting to TRY111,805 thousand is capitalized as part of the website development costs as of 31 December 2024 (2023: TRY100,894 thousand). (**)Website development costs include projects under development amounting to TRY328,334 thousand (2023: TRY301,596 thousand) which are not amortized as of 31 December 2024. (***)Other mainly includes projects in progress which are transferred to acquired software and rights upon completion. | | | | | | | | | | | | | 1 January | | | | | | | | 31 December | | | 2023 | | Additions | | Disposals | | Transfer | | 2023 | | | | | | | | | | | | Cost: | | | | | | | | | | | Acquired software and rights | | 1,011,899 | | 185,899 | | (1,253) | | 9,574 | | 1,206,119 | Website development costs | | 3,176,020 | | 1,309,731 | | — | | — | | 4,485,751 | Goodwill | | 411 | | — | | — | | — | | 411 | Other | | 12,636 | | 5,839 | | — | | (9,574) | | 8,901 | | | | | | | | | | | | Total | | 4,200,966 | | 1,501,469 | | (1,253) | | — | | 5,701,182 | | | | | | | | | | | | Accumulated amortization: | | | | | | | | | | | Acquired software and rights | | (773,108) | | (94,422) | | 1,031 | | — | | (866,499) | Website development costs | | (1,415,692) | | (742,807) | | — | | — | | (2,158,499) | | | | | | | | | | | | Total | | (2,188,800) | | (837,229) | | 1,031 | | — | | (3,024,998) | | | | | | | | | | | | Net book value | | 2,012,166 | | | | | | | | 2,676,184 |
There is no collateral, pledge or mortgage on intangible assets as of 31 December 2024 (2023: None).
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