[20] Other property, plant and equipment
The changes in the carrying amounts of other property, plant and equipment are shown in > TABLE 067.
Other property, plant and equipment |
|
|
|
067 |
in € million |
Land and buildings |
Plant, machinery, and office furniture and equipment |
Advances paid and assets under construction |
Total |
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 |
|
|
|
|
|
Balance as at 01/01/2016 |
305.7 |
174.1 |
29.0 |
508.8 |
Group changes |
70.1 |
79.8 |
10.7 |
160.7 |
Currency translation adjustments |
–2.1 |
0.3 |
–0.1 |
–1.8 |
Additions |
10.0 |
59.7 |
24.8 |
94.5 |
Disposals |
–0.3 |
–3.9 |
–2.3 |
–6.5 |
Depreciation |
–13.9 |
–62.3 |
− |
–76.2 |
Reclassification |
5.8 |
18.7 |
–24.9 |
–0.4 |
|
|
|
|
|
Balance as at 31/12/2016 |
375.4 |
266.3 |
37.3 |
679.1 |
Gross carrying amount as at 31/12/2016 |
729.1 |
1,059.1 |
37.3 |
1,825.5 |
Accumulated depreciation |
–353.7 |
–792.8 |
− |
–1,146.4 |
Land and buildings in the amount of €18.3 million (31 December 2015: €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 2016.
Plant & machinery and office furniture & equipment include assets from procurement leases (finance leases) amounting to €17.2 million (31 December 2015: €16.0 million). Depreciation on these assets came to €5.6 million in 2016 (2015: €4.9 million). The corresponding liabilities are reported as other financial liabilities.