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13 Property, plant and equipment

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CHANGES IN PROPERTY, PLANT AND EQUIPMENT
IN THE PERIOD JANUARY 1 TO DECEMBER 31, 2013

€ million

 

Land, land rights and buildings, including buildings on third-party land

 

Technical equipment and machinery

 

Other equipment, operating and office equipment

 

Payments on account and assets under construction

 

Total

 

 

 

 

 

 

 

 

 

 

 

Cost
Balance at Jan. 1, 2013

 

24,633

 

33,657

 

46,499

 

5,657

 

110,446

Foreign exchange differences

 

−540

 

−908

 

−874

 

−185

 

−2,508

Changes in consolidated Group

 

137

 

15

 

30

 

75

 

258

Additions

 

897

 

2,016

 

3,506

 

4,642

 

11,061

Transfers

 

1,288

 

1,322

 

1,340

 

−3,954

 

−3

Disposals

 

139

 

942

 

1,203

 

77

 

2,362

Balance at Dec. 31, 2013

 

26,277

 

35,159

 

49,297

 

6,158

 

116,891

Depreciation and impairment Balance at Jan. 1, 2013

 

10,315

 

24,395

 

36,282

 

30

 

71,022

Foreign exchange differences

 

−188

 

−621

 

−654

 

−4

 

−1,468

Changes in consolidated Group

 

45

 

9

 

12

 

 

66

Additions to cumulative depreciation

 

824

 

2,226

 

3,637

 

1

 

6,689

Additions to cumulative impairment losses

 

11

 

2

 

97

 

8

 

118

Transfers

 

−13

 

−42

 

43

 

0

 

−12

Disposals

 

54

 

852

 

970

 

1

 

1,877

Reversal of impairment losses

 

1

 

25

 

0

 

9

 

35

Balance at Dec. 31, 2013

 

10,939

 

25,091

 

38,447

 

26

 

74,503

Carrying amount at Dec. 31, 2013

 

15,338

 

10,068

 

10,850

 

6,132

 

42,389

of which assets leased under finance leases Carrying amount at Dec. 31, 2013

 

282

 

16

 

16

 

 

314

Future finance lease payments due, and their present values, are shown in the following table:

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€ million

 

2014

 

2015 – 2018

 

from 2019

 

Total

 

 

 

 

 

 

 

 

 

Finance lease payments

 

65

 

179

 

279

 

523

Interest component of finance lease payments

 

11

 

24

 

68

 

103

Carrying amount of liabilites

 

54

 

155

 

211

 

420

  (XLS:) Download

CHANGES IN PROPERTY, PLANT AND EQUIPMENT
IN THE PERIOD JANUARY 1 TO DECEMBER 31, 2014

€ million

 

Land, land rights and buildings, including buildings on third-party land

 

Technical equipment and machinery

 

Other equipment, operating and office equipment

 

Payments on account and assets under construction

 

Total

 

 

 

 

 

 

 

 

 

 

 

Cost
Balance at Jan. 1, 2014

 

26,277

 

35,159

 

49,297

 

6,158

 

116,891

Foreign exchange differences

 

43

 

161

 

495

 

15

 

713

Changes in consolidated Group

 

139

 

−1

 

9

 

19

 

166

Additions

 

894

 

1,511

 

4,005

 

5,150

 

11,560

Transfers

 

1,256

 

2,065

 

1,364

 

−4,696

 

−11

Disposals

 

120

 

1,021

 

1,249

 

40

 

2,430

Balance at Dec. 31, 2014

 

28,489

 

37,873

 

53,922

 

6,607

 

126,890

Depreciation and impairment Balance at Jan. 1, 2014

 

10,939

 

25,091

 

38,447

 

26

 

74,503

Foreign exchange differences

 

36

 

122

 

405

 

4

 

567

Changes in consolidated Group

 

32

 

−2

 

3

 

 

32

Additions to cumulative depreciation

 

934

 

2,491

 

4,079

 

5

 

7,509

Additions to cumulative impairment losses

 

6

 

26

 

98

 

13

 

143

Transfers

 

8

 

−20

 

20

 

−6

 

3

Disposals

 

47

 

929

 

1,051

 

0

 

2,027

Reversal of impairment losses

 

1

 

 

1

 

5

 

8

Balance at Dec. 31, 2014

 

11,906

 

26,779

 

42,000

 

36

 

80,721

Carrying amount at Dec. 31, 2014

 

16,582

 

11,095

 

11,921

 

6,570

 

46,169

of which assets leased under finance leases Carrying amount at Dec. 31, 2014

 

276

 

11

 

13

 

 

299

Options to purchase buildings and plant leased under the terms of finance leases exist in most cases, and are also expected to be exercised.

Future finance lease payments due, and their present values, are shown in the following table:

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€ million

 

2015

 

2016 – 2019

 

from 2020

 

Total

 

 

 

 

 

 

 

 

 

Finance lease payments

 

56

 

222

 

318

 

596

Interest component of finance lease payments

 

23

 

64

 

113

 

200

Carrying amount of liabilites

 

34

 

158

 

204

 

396

For assets leased under operating leases, payments recognized in the income statement amounted to €1,330 million (previous year: €1,273 million). With respect to internally used assets, €1,171 million (previous year: €1,136 million) of this figure is attributable to minimum lease payments and €50 million (previous year: €51 million) to contingent lease payments. The payments of €109 million (previous year: €86 million) under subleases primarily relate to minimum lease payments.

Government grants of €110 million (previous year: €295 million) were deducted from the cost of property, plant and equipment, and noncash benefits received amounting to €0 million (previous year: €8 million) were not capitalized as the cost of assets.

Real property liens of €628 million (previous year: €661 million) are pledged as collateral for financial liabilities related to land and buildings.