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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

Including National Starch.

2

Mainly National Starch.

Balance at January 1, 2009

 

 

 

 

 

 

Cost of acquisition

2,146

4,875

627

250

22

7,920

Accumulated depreciation/impairment

(909)

(3,181)

(458)

(15)

(4,563)

Carrying value

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 expenditures1

65

400

46

22

1

534

Transfer between categories

13

9

(26)

4

Depreciation1

(82)

(327)

(48)

(1)

(458)

Impairment1

(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

 

 

 

 

 

 

 

Movements in 2010

 

 

 

 

 

 

Acquisitions through business combinations

19

19

38

Divestments2

(184)

(252)

(3)

(10)

(1)

(450)

Capital expenditures1

114

381

54

7

556

Transfer between categories

(11)

11

3

(2)

(1)

Depreciation1

(81)

(311)

(50)

(442)

Impairment1

(2)

(26)

(1)

(29)

Changes in exchange rates

92

128

7

10

237

Total changes

(53)

(50)

10

5

(2)

(90)

 

 

 

 

 

 

 

Balance at December 31, 2010

 

 

 

 

 

 

Cost of acquisition

2,254

5,654

664

279

33

8,884

Accumulated depreciation/impairment

(1,059)

(3,908)

(508)

(25)

(5,500)

Carrying value at
year-end 2010

1,195

1,746

156

279

8

3,384

In 2010, impairment charges have been recognized for an amount of €29 million (2009: €54 million). The impairment charges have been recognized in the cost of sales. The impairment charges related to restructuring activities in, among others, the US, the Netherlands, Germany, France and Sweden. The carrying value of the property, plant and equipment financed by hire purchase and leasing and not legally owned by the company was €13 million (2009: €17 million), €9 million of which related to buildings and land, €1 million to plant and equipment and machinery and €3 million to other equipment. Purchase commitments for property, plant and equipment totaled €47 million (2009: € 60 million).

Depreciation per cost category

 

 

 

In € millions

2009

2010

 

 

 

Cost of sales

(290)

(306)

Selling expenses

(67)

(68)

General and administrative expenses

(53)

(48)

Research and development expenses

(14)

(13)

Discontinued operations

(34)

(7)

Total

(458)

(442)

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