[20] Other property, plant and equipment

The changes in the carrying amounts of other property, plant and equipment are shown in > TABLE 062 below.

Other property, plant and equipment

 

 

 

062

in € million

Land and buildings

Plant, machinery, and office furniture and equipment

Advances paid and assets under construction

Total

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

 

 

 

 

 

Balance as at 01/01/2015

308.1

164.3

21.7

494.1

Group changes

–0.8

1.1

0.1

0.4

Currency translation adjustments

3.7

0.8

0.1

4.5

Additions

8.0

62.7

18.4

89.1

Disposals

–1.9

–7.4

–0.2

–9.5

Depreciation

–14.0

–56.5

–70.5

Reclassification

2.5

9.2

–11.1

0.6

 

 

 

 

 

Balance as at 31/12/2015

305.7

174.1

29.0

508.8

Gross carrying amount as at 31/12/2015

653.0

996.7

29.0

1,678.7

Accumulated depreciation

–347.3

–822.6

–0.0

–1,170.0

Land and buildings in the amount of €18.3 million (31 December 2014: €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 2015.

Plant & machinery and office furniture & equipment include assets from procurement leases (finance leases) amounting to €16.0 million (31 December 2014: €13.1 million). Depreciation on these assets came to €4.9 million in 2015 (2014: €5.3 million). The corresponding liabilities are reported as other financial liabilities.