30. Deferred acquisition costs

Deferred acquisition costs 31 December 2016 31 December 2015
Short-term 1,320 1,065
Long-term 87 89
Total deferred acquisition costs 1,407 1,154

Change in deferred acquisition costs 1 January– 31 December 2016 1 January– 31 December 2015
Carrying amount – opening balance 1,154 712
Non-life insurance 1,078 644
Life insurance 76 68
Acquisition costs for future periods 1,455 1,170
Depreciation for the period recognized in the statement of profit or loss (1,206) (726)
Foreign exchange differences 4 (2)
Carrying amount – closing balance 1,407 1,154
Non-life insurance 1,323 1,078
Life insurance 84 76

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