[20] Other property, plant and equipment

The changes in the carrying amounts of other property, plant and equipment were as follows: > TABLE 059

Other property, plant and equipment

059

in € million

Land and buildings

Plant, machinery, and office furniture and equipment

Advances paid and assets under construction

Total

Balance as at 01/01/2013

322.3

162.4

15.6

500.3

Group changes

11.8

6.1

0.6

18.5

Currency translation adjustments

–5.2

–2.7

–0.2

–8.1

Additions

6.2

46.5

11.7

64.4

Disposals

–3.2

–2.9

–0.1

–6.2

Depreciation

–14.7

–53.1

–67.8

Reversal of impairment

0.5

0.5

Reclassification

2.8

1.5

–6.5

–2.2

 

 

 

 

 

Balance as at 31/12/2013

320.0

158.3

21.1

499.4

Gross carrying amount as at 31/12/2013

647.2

939.6

21.1

1,607.9

Accumulated depreciation

–327.2

–781.3

–1,108.5

 

 

 

 

 

Balance as at 01/01/2014

320.0

158.3

21.1

499.4

Group changes

–1.7

–1.7

Currency translation adjustments

7.1

2.2

0.2

9.4

Additions

5.3

54.0

12.8

72.1

Disposals

–13.8

–1.4

–1.4

–16.6

Depreciation

–14.4

–55.4

–69.8

Reclassification

4.0

8.3

–10.9

1.3

 

 

 

 

 

Balance as at 31/12/2014

308.1

164.3

21.7

494.1

Gross carrying amount as at 31/12/2014

644.2

952.7

21.7

1,618.6

Accumulated depreciation

–336.1

–788.4

0.0

–1,124.5

Land and buildings in the amount of €18.3 million (31 December 2013: €18.3 million) were largely pledged as collateral for accrued retirement benefits under partial retirement agreements.

As in the previous year, the KION Group did not recognise any significant impairment losses in accordance with IAS 36 on other property, plant and equipment in 2014.

Plant & machinery and office furniture & equipment include assets from procurement leases (finance leases) amounting to €13.1 million (31 December 2013: €13.3 million). Depreciation on these assets came to €5.3 million in 2014 (2013: €3.7 million). The corresponding liabilities are reported as other financial liabilities.