[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, 2023 |
852.5 |
589.3 |
143.3 |
1,585.2 |
Gross carrying amount as at Jan. 1 |
1,720.3 |
1,716.7 |
143.3 |
3,580.3 |
Accumulated depreciation as at Jan. 1 |
–867.8 |
–1,127.4 |
– |
–1,995.1 |
|
|
|
|
|
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 |
|
|
|
|
|
Balance as at Jan. 1, 2024 |
887.8 |
673.5 |
188.6 |
1,749.9 |
Group changes |
9.5 |
6.9 |
0.0 |
16.4 |
Currency translation adjustments |
9.5 |
3.9 |
0.7 |
14.1 |
Additions |
183.5 |
227.0 |
147.4 |
557.9 |
Disposals |
–15.4 |
–9.8 |
–2.8 |
–28.0 |
Depreciation |
–116.8 |
–206.6 |
– |
–323.3 |
Impairment |
–0.9 |
– |
– |
–0.9 |
Reclassification |
24.3 |
91.3 |
–115.6 |
– |
|
|
|
|
|
Balance as at Dec. 31, 2024 |
981.6 |
786.2 |
218.4 |
1,986.1 |
Gross carrying amount as at Dec. 31 |
1,956.7 |
1,927.9 |
218.4 |
4,103.0 |
Accumulated depreciation as at Dec. 31 |
–975.1 |
–1,141.8 |
– |
–2,116.9 |
Land and buildings in the amount of €18.3 million (December 31, 2023: €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 €707.3 million for right-of-use assets related to procurement leases (December 31, 2023: €589.2 million). Of this figure, €536.4 million was attributable to land and buildings (December 31, 2023: €470.7 million) and €170.9 million to plant & machinery and office furniture & equipment (December 31, 2023: €118.5 million).
in € million |
Land and buildings |
Plant & machinery and office furniture & equipment |
Total |
|---|---|---|---|
Balance as at Jan. 1, 2023 |
445.7 |
97.9 |
543.5 |
Gross carrying amount as at Jan. 1 |
847.6 |
248.0 |
1,095.6 |
Accumulated depreciation as at Jan. 1 |
–401.9 |
–150.1 |
–552.0 |
|
|
|
|
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 |
|
|
|
|
Balance as at Jan. 1, 2024 |
470.7 |
118.5 |
589.2 |
Group changes |
2.8 |
2.7 |
5.5 |
Currency translation adjustments |
4.4 |
0.3 |
4.7 |
Additions |
163.5 |
119.7 |
283.3 |
Disposals |
–13.9 |
–4.6 |
–18.5 |
Depreciation |
–90.4 |
–65.8 |
–156.1 |
Impairment |
–0.9 |
– |
–0.9 |
|
|
|
|
Balance as at Dec. 31, 2024 |
536.4 |
170.9 |
707.3 |
Gross carrying amount as at Dec. 31 |
1,025.6 |
313.7 |
1,339.3 |
Accumulated depreciation as at Dec. 31 |
–489.3 |
–142.7 |
–632.0 |
The expense recognized in 2024 for procurement leases with a term of up to twelve months came to €28.3 million (2023: €30.2 million); the expense for procurement leases that relate to low-value assets was €14.8 million (2023: €12.1 million).