A company holds licenses with a net book value of 12,118 (in USD thousands) as of 31 December Year 1. The company reported the following data related to impairment losses and amortization on these licenses (in USD thousands):

Accumulated impairment losses and amortization as of 31 December Year 1	2,142
Exchange movements	212
Amortization charge for the year	752
Impairment losses	52
Disposals	---
Transfers to investments in associated undertakings	(7)

The cost of licenses as of 31 December Year 2 was 16,435 (in USD thousands). Based on the data provided, the carrying value of licenses as of 31 December Year 2 is closest to (in USD thousands):