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Note 10 Property, plant and equipment


In € millions

Buildings and land

Plant equipment and machinery

Other equipment

Construction in progress and prepayments on projects

Assets not used in the production process

Total

1

Mainly ICI.

 

 

 

 

 

 

 

Balance at January 1, 2008

 

 

 

 

 

 

Cost of acquisition

1,597

4,194

616

181

48

6,636

Accumulated depreciation/impairment

(823)

(3,100)

(471)

(39)

(4,433)

 

 

 

 

 

 

 

Carrying value

774

1,094

145

181

9

2,203

 

 

 

 

 

 

 

Movements in 2008

 

 

 

 

 

 

Acquisitions through business combinations1

569

683

75

72

1

1,400

Divestments

(21)

(9)

(6)

(1)

(37)

Capital expenditures

102

357

58

17

534

Transfer between categories

(5)

14

(11)

2

Depreciation

(81)

(320)

(51)

(1)

(453)

Impairment

(67)

(56)

(5)

(3)

(3)

(134)

Changes in exchange rates

(55)

(57)

(33)

(11)

(156)

Total changes

463

600

24

69

(2)

1,154

 

 

 

 

 

 

 

Balance at December 31, 2008

 

 

 

 

 

 

Cost of acquisition

2,146

4,875

627

250

22

7,920

Accumulated depreciation/impairment

(909)

(3,181)

(458)

(15)

(4,563)

 

 

 

 

 

 

 

Carrying value at
year-end 2008

1,237

1,694

169

250

7

3,357

 

 

 

 

 

 

 

Movements in 2009

 

 

 

 

 

 

Acquisitions through business combinations

15

35

3

53

Divestments

(6)

(19)

(3)

(2)

(1)

(31)

Capital expenditures

65

400

46

22

1

534

Transfer between categories

13

9

(26)

4

Depreciation

(82)

(327)

(48)

(1)

(458)

Impairment

(18)

(36)

(54)

Changes in exchange rates

24

40

5

4

73

Total changes

11

102

(23)

24

3

117

 

 

 

 

 

 

 

Balance at December 31, 2009

 

 

 

 

 

 

Cost of acquisition

2,243

5,303

623

274

32

8,475

Accumulated depreciation/impairment

(995)

(3,507)

(477)

(22)

(5,001)

 

 

 

 

 

 

 

Carrying value at
year-end 2009

1,248

1,796

146

274

10

3,474

In 2009, impairment charges have been recognized for an amount of €54 million (2008: €134 million). The impairment charges have been recognized in the cost of sales. The impairment charges related to restructuring activities in, among others, Sweden, Poland, Italy and China.

The carrying value of the property, plant and equipment financed by hire purchase and leasing and not legally owned by the company is €17 million (2008: €17 million), €10 million of which related to buildings and land, €3 million to plant equipment and machinery and €4 million to other equipment.

Purchase commitments for property, plant and equipment totaled €60 million (2008: €92 million).

Depreciation per cost category

 

 

 

In € millions

 

 

 

2008

2009

 

 

 

Cost of sales

(331)

(317)

Selling expenses

(58)

(72)

General and administrative expenses

(50)

(54)

Research and development expenses

(14)

(15)

 

 

 

Total

(453)

(458)

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