13 Property, plant and equipment

  Download

CHANGES IN PROPERTY, PLANT AND EQUIPMENT IN THE PERIOD JANUARY 1 TO DECEMBER 31, 2012

€ 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*

 

 

 

 

 

 

 

 

 

 

 

*

Figures adjusted because of the updated purchase price allocation for MAN.

Cost
Balance at Jan. 1, 2012

 

22,000

 

31,531

 

41,537

 

4,616

 

99,684

Foreign exchange differences

 

–48

 

–67

 

–242

 

–40

 

–397

Changes in consolidated Group

 

1,497

 

397

 

1,482

 

399

 

3,775

Additions

 

810

 

1,873

 

3,498

 

4,009

 

10,190

Transfers

 

559

 

753

 

1,894

 

–3,295

 

–89

Disposals

 

183

 

830

 

1,671

 

32

 

2,716

Balance at Dec. 31, 2012

 

24,633

 

33,657

 

46,499

 

5,657

 

110,446

Depreciation and impairment
Balance at Jan. 1, 2012

 

9,710

 

23,714

 

34,305

 

39

 

67,767

Foreign exchange differences

 

–33

 

–42

 

–191

 

–2

 

–268

Changes in consolidated Group

 

18

 

5

 

11

 

 

34

Additions to cumulative depreciation

 

754

 

2,059

 

3,143

 

12

 

5,969

Additions to cumulative impairment losses

 

15

 

5

 

15

 

0

 

36

Transfers

 

–4

 

–560

 

570

 

–12

 

–6

Disposals

 

144

 

783

 

1,572

 

0

 

2,500

Reversal of impairment losses

 

 

3

 

0

 

6

 

9

Balance at Dec. 31, 2012

 

10,315

 

24,395

 

36,282

 

30

 

71,022

Carrying amount at Dec. 31, 2012

 

14,318

 

9,262

 

10,217

 

5,627

 

39,424

of which assets leased under finance leases carrying amount at Dec. 31, 2012

 

285

 

55

 

19

 

 

358

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

  Download

 

 

 

 

 

 

 

 

 

€ million

 

2013

 

2014–2017

 

from 2018

 

Total

 

 

 

 

 

 

 

 

 

Finance lease payments

 

49

 

178

 

270

 

497

Interest component of finance lease payments

 

13

 

38

 

27

 

78

Carrying amount/present value

 

36

 

140

 

243

 

419

  Download

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

Options to purchase buildings and plant leased under the terms of finance leases exist in most cases, and are also expected to be exercised. Interest rates on the leases vary between 1.0% and 31.1% (previous year: between 1.6% and 11.0%), depending on the market and the date of inception of the lease.

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

  Download

 

 

 

 

 

 

 

 

 

€ 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/present value

 

54

 

155

 

211

 

420

For assets leased under operating leases, payments recognized in the income statement amounted to €1,273 million (previous year: €1,164 million). With respect to internally used assets, €1,136 million (previous year: €1,024 million) of this figure is attributable to minimum lease payments and €51 million (previous year: €41 million) to contingent lease payments. The payments of €86 million (previous year: €99 million) under subleases primarily relate to minimum lease payments.

Government grants of €295 million (previous year: €418 million) were deducted from the cost of property, plant and equipment, and noncash benefits received amounting to €8 million (previous year: €4 million) were not capitalized as the cost of assets.

Real property liens of €661 million (previous year: €723 million) are pledged as collateral for financial liabilities related to land and buildings.