Merck 2014 Annual Report Download - page 212
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207CONSOLIDATED FINANCIAL STATEMENTS → Notes to the Group accounts
(42) 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
Cost at January 1, 2013 2,651.5 3,044.4 906.7 429.1 7,031.7
Changes in the scope of consolidation – – – – –
Additions 8.0 15.1 25.0 360.4 408.5
Disposals – 376.2 – 63.5 – 46.6 – 10.3 – 496.6
Transfers 186.9 253.0 63.0 – 512.1 – 9.2
Classification as held for sale or transfer to a disposal group
– 0.8 – 4.4 – 2.7 – – 7.9
Currency translation – 56.9 – 43.8 – 20.4 – 3.6 – 124.7
December 31, 2013 2,412.5 3,200.8 925.0 263.5 6,801.8
Accumulated depreciation and impairment losses January 1, 2013
– 1,051.6 – 2,164.6 – 685.1 – 176.8 – 4,078.1
Changes in the scope of consolidation – – – – –
Depreciation – 108.9 – 187.8 – 85.2 – – 381.9
Impairment losses – 29.5 – 11.0 – 0.8 – 0.4 – 41.7
Disposals 148.6 62.1 44.7 9.7 265.1
Transfers – 54.2 – 108.4 – 0.4 166.6 3.6
Reversals of impairment losses 4.7 0.4 – – 5.1
Classification as held for sale or transfer to a disposal group
0.4 1.8 1.9 – 4.1
Currency translation 20.7 33.0 15.5 – 69.2
December 31, 2013 – 1,069.8 – 2,374.5 – 709.4 – 0.9 – 4,154.6
Net carrying amount as of December 31, 2013 1,342.7 826.3 215.6 262.6 2,647.2
Cost at January 1, 2014 2,412.5 3,200.8 925.0 263.5 6,801.8
Changes in the scope of consolidation 89.8 58.9 33.5 3.6 185.8
Additions 20.5 23.9 30.9 410.9 486.2
Disposals –14.3 – 49.2 – 46.8 – 2.9 –113.2
Transfers 69.6 132.9 58.4 – 253.2 7.7
Classification as held for sale or transfer to a disposal group
– – – – –
Currency translation 57.3 42.4 16.5 8.6 124.8
December 31, 2014 2,635.4 3,409.7 1,017.5 430.5 7,493.1
Accumulated depreciation and impairment losses January 1, 2014
– 1,069.8 – 2,374.5 – 709.4 – 0.9 – 4,154.6
Changes in the scope of consolidation – – – – –
Depreciation –104.3 –189.8 – 90.4 – – 384.5
Impairment losses – 0.4 – 4.7 – 0.6 – – 5.7
Disposals 10.7 46.1 44.9 0.1 101.8
Transfers – 4.1 – 0.1 0.1 – – 4.1
Reversals of impairment losses 0.1 0.4 0.2 – 0.7
Classification as held for sale or transfer to a disposal group
– – – – –
Currency translation –19.0 – 25.6 –11.6 – 0.1 – 56.3
December 31, 2014 – 1,186.8 – 2,548.2 – 766.8 – 0.9 – 4,502.7
Net carrying amount as of December 31, 2014 1,448.6 861.5 250.7 429.6 2,990.4