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Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2020
Notes to Consolidated Financial Statements [Abstract] |
Note 11 - Intangible Assets | Note 11 - Intangible Assets Composition
| Goodwill | Concessions and mining rights | Trademarks | Technology / patents | Customer relationships | Exploration and evaluation assets | Computer application | Others | Total
| $ millions
Cost |  |  |  |  |  |  |  |  |
Balance as at January 1, 2020 | 323 | 209 | 86 | 75 | 176 | 44 | 99 | 34 | 1,046
Additions | - | - | - | - | - | 2 | 18 | 1 | 21
Additions in respect of business combinations | 18 | - | - | - | 1 | - | - | 7 | 26
Exit from consolidation | - | - | - | (5) | (10) | - | - | - | (15)
Translation differences | - | 9 | 6 | 5 | 5 | 2 | 1 | 1 | 29
Balance as at December 31, 2020 | 341 | 218 | 92 | 75 | 172 | 48 | 118 | 43 | 1,107
Amortization and impairment losses |  |  |  |  |  |  |  |  |
Balance as at January 1, 2020 | 21 | 70 | 28 | 43 | 114 | 26 | 68 | 24 | 394
Amortization | - | 2 | 3 | 4 | 9 | 1 | 7 | 2 | 28
Impairment | - | - | - | - | - | 5 | - | - | 5
Exit from consolidation | - | - | - | (2) | (3) | - | - | - | (5)
Translation differences | - | 2 | 3 | 3 | 3 | 2 | 1 | 1 | 15
Balance as at December 31, 2020 | 21 | 74 | 34 | 48 | 123 | 34 | 76 | 27 | 437
Amortized Balance as at December 31 ,2020 | 320 | 144 | 58 | 27 | 49 | 14 | 42 | 16 | 670
Note 11 - Intangible Assets (cont'd) Composition (cont’d)
| Goodwill | Concessions and mining rights | Trademarks | Technology / patents | Customer relationships | Exploration and evaluation assets | Computer application | Others | Total
| $ millions
Cost |  |  |  |  |  |  |  |  |
Balance as at January 1, 2019 | 331 | 210 | 88 | 75 | 178 | 39 | 87 | 33 | 1,041
Additions | - | - | - | - | - | 5 | 12 | 1 | 18
Translation differences | (8) | (1) | (2) | - | (2) | - | - | - | (13)
Balance as at December 31, 2019 | 323 | 209 | 86 | 75 | 176 | 44 | 99 | 34 | 1,046
Amortization and impairment losses |  |  |  |  |  |  |  |  |
Balance as at January 1, 2019 | 22 | 68 | 26 | 39 | 105 | 25 | 63 | 22 | 370
Amortization | - | 2 | 3 | 5 | 10 | 1 | 5 | 2 | 28
Translation differences | (1) | - | (1) | (1) | (1) | - | - | - | (4)
Balance as at December 31, 2019 | 21 | 70 | 28 | 43 | 114 | 26 | 68 | 24 | 394
Amortized Balance as at December 31 ,2019 | 302 | 139 | 58 | 32 | 62 | 18 | 31 | 10 | 652
Note 11 - Intangible Assets (cont'd) Total book value of intangible assets having defined useful lives and those having indefinite useful lives are as follows:
| As at December 31
| 2020 | 2019
| $ millions | $ millions
Intangible assets having a defined useful life | 317 | 318
Intangible assets having an indefinite useful life | 353 | 334
| 670 | 652

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- References No definition available. + Details
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- Definition The entire disclosure for intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 38 -IssueDate 2020-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=38&code=ifrs-tx-2020-en-r&doctype=Standard&dita_xref=IAS38_g118-128_TI -URIDate 2020-01-01 + Details
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