[19] Other property, plant and equipment
in € million |
Land and buildings |
Plant & machinery and office furniture & equipment |
Advances paid and assets under construction |
Total |
|---|---|---|---|---|
Balance as at Jan. 1, 2022 |
786.9 |
539.0 |
121.7 |
1,447.5 |
Gross carrying amount as at Jan. 1 |
1,557.7 |
1,570.9 |
121.7 |
3,250.3 |
Accumulated depreciation as at Jan. 1 |
–770.9 |
–1,032.0 |
– |
–1,802.8 |
|
|
|
|
|
Group changes |
1.9 |
0.1 |
– |
2.0 |
Currency translation adjustments |
2.9 |
0.3 |
1.3 |
4.6 |
Additions |
177.7 |
163.7 |
116.4 |
457.8 |
Disposals |
–40.6 |
–7.1 |
–0.6 |
–48.4 |
Depreciation |
–108.1 |
–167.8 |
– |
–275.9 |
Impairment |
–0.7 |
–1.7 |
– |
–2.4 |
Reclassification |
32.4 |
63.0 |
–95.4 |
– |
|
|
|
|
|
Balance as at Dec. 31, 2022 |
852.5 |
589.3 |
143.3 |
1,585.2 |
Gross carrying amount as at Dec. 31 |
1,720.3 |
1,716.7 |
143.3 |
3,580.3 |
Accumulated depreciation as at Dec. 31 |
–867.8 |
–1,127.4 |
– |
–1,995.1 |
|
|
|
|
|
Balance as at Jan. 1, 2023 |
852.5 |
589.3 |
143.3 |
1,585.2 |
Group changes |
1.0 |
0.6 |
– |
1.6 |
Currency translation adjustments |
–8.7 |
–2.6 |
–1.7 |
–12.9 |
Additions |
150.9 |
210.8 |
139.8 |
501.5 |
Disposals |
–23.6 |
–7.8 |
–1.9 |
–33.3 |
Depreciation |
–107.9 |
–181.6 |
– |
–289.5 |
Impairment |
–1.8 |
–0.8 |
– |
–2.6 |
Reclassification |
25.4 |
65.5 |
–90.9 |
– |
|
|
|
|
|
Balance as at Dec. 31, 2023 |
887.8 |
673.5 |
188.6 |
1,749.9 |
Gross carrying amount as at Dec. 31 |
1,791.5 |
1,861.9 |
188.6 |
3,842.0 |
Accumulated depreciation as at Dec. 31 |
–903.7 |
–1,188.4 |
– |
–2,092.1 |
Land and buildings in the amount of €18.3 million (December 31, 2022: €18.3 million) were largely pledged as collateral for accrued retirement benefits under partial retirement agreements.
Other property, plant and equipment included a figure of €589.2 million for right-of-use assets related to procurement leases (December 31, 2022: €543.5 million). Of this figure, €470.7 million was attributable to land and buildings (December 31, 2022: €445.7 million) and €118.5 million to plant & machinery and office furniture & equipment (December 31, 2022: €97.9 million).
in € million |
Land and buildings |
Plant & machinery and office furniture & equipment |
Total |
|---|---|---|---|
Balance as at Jan. 1, 2022 |
401.6 |
112.0 |
513.6 |
Gross carrying amount as at Jan. 1 |
726.0 |
251.2 |
977.2 |
Accumulated depreciation as at Jan. 1 |
–324.4 |
–139.2 |
–463.6 |
|
|
|
|
Currency translation adjustments |
3.8 |
–0.5 |
3.4 |
Additions |
163.3 |
49.2 |
212.5 |
Disposals |
–39.1 |
–6.2 |
–45.3 |
Depreciation |
–83.2 |
–55.4 |
–138.6 |
Impairment |
–0.7 |
–1.3 |
–2.0 |
|
|
|
|
Balance as at Dec. 31, 2022 |
445.7 |
97.9 |
543.5 |
Gross carrying amount as at Dec. 31 |
847.6 |
248.0 |
1,095.6 |
Accumulated depreciation as at Dec. 31 |
–401.9 |
–150.1 |
–552.0 |
|
|
|
|
Balance as at Jan. 1, 2023 |
445.7 |
97.9 |
543.5 |
Group changes |
0.8 |
0.4 |
1.2 |
Currency translation adjustments |
–4.6 |
0.5 |
–4.1 |
Additions |
134.5 |
83.1 |
217.6 |
Disposals |
–19.8 |
–5.3 |
–25.0 |
Depreciation |
–84.0 |
–57.3 |
–141.3 |
Impairment |
–1.8 |
–0.8 |
–2.6 |
|
|
|
|
Balance as at Dec. 31, 2023 |
470.7 |
118.5 |
589.2 |
Gross carrying amount as at Dec. 31 |
895.9 |
257.3 |
1,153.2 |
Accumulated depreciation as at Dec. 31 |
–425.2 |
–138.8 |
–564.0 |
The expense recognized in 2023 for procurement leases with a term of up to twelve months came to €30.2 million (2022: €40.4 million); the expense for procurement leases that relate to low-value assets was €12.1 million (2022: €10.3 million).