Unilever 2005 Annual Report Download - page 103

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100 Unilever Annual Report and Accounts 2005
Notes to the consolidated accounts
Unilever Group
11 Property, plant and equipment
€ million € million
At cost less depreciation and impairment 2005 2004
Land and buildings 1 994 1 992
Plant and equipment 4 498 4 189
6 492 6 181
Includes freehold land 224 248
Commitments for capital expenditure at 31 December 263 172
€ million € million € million
Land and Plant and
Movements during 2005 buildings equipment Total
Gross
31 December 2004 3 068 10 213 13 281
Reclassification as held for sale (209) (200) (409)
1 January 2005 2 859 10 013 12 872
Disposals of group companies (26) (117) (143)
Additions 163 795 958
Disposals (95) (619) (714)
Reversal of asset held for sale not included in final disposal 53 57 110
Currency retranslation 269 798 1 067
Reclassification as held for sale (175) (116) (291)
Other adjustments (34) 34 –
31 December 2005 3 014 10 845 13 859
Depreciation and impairment
31 December 2004 (1 076) (6 024) (7 100)
Reclassification as held for sale 110 169 279
1 January 2005 (966) (5 855) (6 821)
Disposals of group companies 12 91 103
Depreciation charge for the year(a) (78) (665) (743)
Disposals 53 549 602
Reversal of asset held for sale not included in final disposal (5) (50) (55)
Impairment losses(b) (10) (108) (118)
Reversal of impairment losses 11 58 69
Currency retranslation (83) (466) (549)
Reclassification as held for sale 51 94 145
Other adjustments (5) 5 –
31 December 2005 (1 020) (6 347) (7 367)
Net book value 31 December 2005 1 994 4 498 6 492
Includes payments on account and assets in course of construction 64 487 551
(a) Includes €(2) million relating to discontinued operations.
(b) Impairment losses mainly recognised in respect of restructuring projects where property, plant and equipment is written down to the net
recoverable amount.