Merck 2008 Annual Report Download - page 110

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[24] Property, plant and equipment
€ million
Land, land rights
and buildings,
including buildings
on third-party land
Plant and
machinery
Other facilities,
operating and
office equipment
Construction
in progress and
advance payments
to vendors and
contractors Total
Acquistion cost January 1, 2007 1,216.5 2,042.8 718.9 147.4 4,125.6
Currency translation –12.4 –9.1 –7.0 –1.5 –30.0
Changes in companies consolidated 536.6 200.5 59.9 13.4 810.4
Additions 22.1 46.3 43.2 171.2 282.8
Disposals –36.4 –52.1 –60.0 –2.1 –150.6
Transfers 29.8 98.7 5.8 –140. 9 –6 .6
Reclassification to assets held for sale –1.3 –1.8 –0.6 –0.1 –3.8
December 31, 2007 1,754.9 2,325.3 760.2 187.4 5,027.8
Accumulated depreciation and
impairment losses January 1, 2007 –510.6 –1,315.4 –509.0 –10.8 –2,345.8
Currency translation 2.3 6.1 4.7 0.1 13.2
Changes in companies consolidated –110.8 –125.5 –46.0 0.2 –282.1
Depreciation and impairment losses –63.5 –150.8 –69.6 –3.6 –287.5
Disposals 32.8 47.5 56.7 – 137.0
Transfers 0.6 –7.7 14.1 – 7.0
Write-ups 2.2 0.2 0.1 0.3 2.8
Reclassification to assets held for sale 0.5 1.2 0.4 – 2.1
December 31, 2007 –646.5 –1,544.4 –548.6 –13.8 –2,753.3
Net carrying amount
as of December 31, 2007 1,108.4 780.9 211.6 173.6 2,274.5
Acquisition cost January 1, 2008 1,754.9 2,325.3 760.2 187.4 5,027.8
Currency translation 72.5 37.5 4.7 4.8 119.5
Changes in companies consolidated – –2.4 1.4 0.2 –0.8
Additions 25.2 44.6 46.4 278.5 394.7
Disposals –16.4 –80.8 –71.1 –4.1 –172.4
Transfers 48. 3 65 .6 32. 5 –151. 2 –4.8
Reclassification of assets held for sale 1.3 1.8 0.6 0.1 3.8
December 31, 2008 1,885.8 2,391.6 774.7 315.7 5,367.8
Accumulated depreciation and
impairment losses January 1, 2008 –646.5 –1,544.4 –548.6 –13.8 –2,753.3
Currency translation –19.2 –32.3 –4.4 –0.4 –56.3
Changes in companies consolidated –0.5 1.7 –1.6 –0.1 –0.5
Depreciation and impairment losses –68.4 –146.0 –62.5 –1.1 –278.0
Disposals 13.9 76.7 67.9 0.1 158.6
Transfers 0.4 0.4 2.1 – 2.9
Write-ups 0.4 0.5 0.1 – 1.0
Reclassification of assets held for sale –0.5 –1.2 –0.4 – –2.1
December 31, 2008 –720.4 –1,644.6 –547.4 –15.3 –2,927.7
Net carrying amount
as of December 31, 2008 1,165.4 747.0 227.3 300.4 2,440.1
72 Income Statement
73 Balance Sheet
74 Segment Reporting
CONSOLIDATED FINANCIAL STATEMENTS OF THE MERCK GROUP
76 Cash Flow Statement
77 Free Cash Flow
77 Statement of Recognized
Income and Expense
78 Statement of Changes
in Net Equity including
Minority Interest
79 Notes
105