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AIRBUS GROUP FINANCIAL STATEMENTS 2015 l 37 l
Notes to the IFRSConsolidatedFinancialStatements
2.
2.5 Operational Assets andLiabilities
Property, plant and equipment as of 31December 2015 and 2014 comprise the following:
31December 2015 1January 2015
(In € million) Gross
amount Depreciation/
Impairment Net book
value(2) Gross
amount Depreciation/
Impairment Net book
value(2)
Land, leasehold improvements and buildings
including buildings on land owned by others 9,518 (4,349) 5,169 8,874 (4,066) 4,808
Technical equipment and machinery 20,296 (11,946) 8,350 18,850 (10,604) 8,246
Other equipment, factory and office
equipment(1) 4,324 (3,290) 1,034 4,195 (3,033) 1,162
Construction in progress 2,574 02,574 2,10 5 02,105
Total 36,712 (19,585) 17,127 34,024 (17,703) 16,321
(1) Buildings, technical equipment and other equipment accounted for in fixed assets under finance lease agreements for net amounts to € 364 million (2014: € 154million).
Depreciation amounts to € 14million (2014: € 10million) and related accumulated depreciation € 94million (2014: € 79million).
(2) Include the net book value of aircraft under operating lease (see Note25 “Sales financing transactions”).
Net Book Value
(In € million)
Balance at
1January
2015 Exchange
differences Additions
Changes in
consolidation
scope Reclassification(1) Disposals Depreciation/
Impairment
Balance at
31December
2015
Land, leasehold
improvements
and buildings
including
buildings on land
owned by others 4,808 33 339 0372 (79) (304) 5,169
Technical
equipment and
machinery 8,246 154 508 0869 (154) (1,273) 8,350
Other equipment,
factory and office
equipment 1,162 38 377 0 0 (199) (344) 1,034
Construction in
progress 2,105 24 1,811 0(1,366) 0 0 2,574
Total 16,321 249 3,035 0(125) (432) (1,921) 17,127
(In € million)
Balance at
1January
2014 Exchange
differences Additions
Changes in
consolidation
scope Reclassification(1) Disposals Depreciation/
Impairment
Balance at
31December
2014
Land, leasehold
improvements
and buildings
including
buildings on land
owned by others 4,559 40 125 98 345 (52) (307) 4,808
Technical
equipment and
machinery 7,18 2 164 405 66 1,518 (4) (1,085) 8,246
Other equipment,
factory and office
equipment 1,308 52 183 19 36 (136) (300) 1,162
Construction in
progress 2,536 30 1,500 (7) (1,935) (19) 02,105
Total 15,585 286 2,213 176 (36) (211) (1,692) 16,321
(1) Includes property, plant and equipment reclassified to assets of disposal groups classified as held for sale (see Note6 “Acquisitions and disposals”).
In 2015, the Group capitalised € 8million of borrowing cost on the production of qualifying assets (2014: € 20million). The Group’s
borrowing rate at the end of 2015 was 2.06% (2014: 2.12%).
Financial Statements 2015
11 22 33 44 55
QRegistration Document 2015
Annual Report 2015 Financial Statements 2015
Q