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14. Property, plant and equipment

2011 2010

EURm EURm

Land and water areas

Acquisition cost January 1 ................................................. 57 59

Acquisitions ............................................................. 9—

Impairments ............................................................ (4) —

Disposals .............................................................. —(2)

Accumulated acquisition cost December 31 ................................... 62 57

Net book value January 1 .................................................. 57 59

Net book value December 31 ............................................... 62 57

Buildings and constructions

Acquisition cost January 1 ................................................. 1 414 1 312

Translation differences .................................................... 369

Additions ............................................................... 86 86

Acquisitions ............................................................. 32 —

Impairments ............................................................ (124) —

Disposals .............................................................. (31) (53)

Accumulated acquisition cost December 31 ................................... 1380 1 414

Accumulated depreciation January 1 ......................................... (453) (385)

Translation differences .................................................... (19)

Impairments ............................................................ 40 —

Disposals .............................................................. 13 41

Depreciation ............................................................ (119) (90)

Accumulated depreciation December 31 ...................................... (519) (453)

Net book value January 1 .................................................. 961 927

Net book value December 31 ............................................... 861 961

Machinery and equipment

Acquisition cost January 1 ................................................. 4 004 3 984

Translation differences .................................................... (4) 213

Additions ............................................................... 464 472

Acquisitions ............................................................. 66 4

Impairments ............................................................. (25) —

Disposals .............................................................. (427) (669)

Accumulated acquisition cost December 31 ................................... 4078 4 004

Accumulated depreciation January 1 ......................................... (3 185) (3 168)

Translation differences .................................................... (13) (164)

Impairments ............................................................ 9—

Disposals .............................................................. 410 639

Depreciation ............................................................ (478) (492)

Accumulated depreciation December 31 ...................................... (3 257) (3 185)

Net book value January 1 .................................................. 819 816

Net book value December 31 ............................................... 821 819

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