DHL 2004 Annual Report Download - page 101

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97
Consolidated Financial Statements
Notes
Only purchased software, concessions, industrial rights,
licenses and similar rights and assets are reported under purchased
intangible assets. Internally generated intangible assets relate to
development costs for internally developed software.
At €139 million, the additions to internally generated
intangible assets are attributable to Deutsche Post AG and relate to
various accounting system development activities, among other
things.
The additions to goodwill relate primarily to the acquisition
of SmartMail and the increase in the share in Guipuzcoana.
25 Property, plant and equipment
Changes in property, plant and equipment in fiscal year 2004 are presented below:
Property, plant and equipment
in € m
Land and
buildings
Technical
equipment
and
machinery
Other
equipment,
operating
and office
equipment
Aircraft Vehicle
fleet and
transport
equipment
Advance
payments,
assets under
development
Total
Historical cost
Opening balance at January 1, 2004 7,479 2,752 2,706 1,072 1,568 67 15,644
Changes in consolidated group – 9 – 27 15 0 – 15 1– 35
Additions 217 210 357 96 253 107 1,240
Reclassifications 72 25 – 1 0 3 – 99 0
Disposals – 345 – 55 – 263 – 147 – 234 – 13 – 1,057
Currency translation differences – 29 – 16 – 28 – 7 – 4 0– 84
Closing balance at December 31, 2004 7,385 2,889 2,786 1,014 1,571 63 15,708
Depreciation and impairment losses
Opening balance at January 1, 2004 1,956 1,744 1,924 276 926 0 6,826
Changes in consolidated group 10 6 – 15 0– 12 0– 1 1
Depreciation and impairment losses 261 253 397 78 192 0 1,181
Reversal of impairment losses 0 0 0 0 0 0 0
Reclassifications 0 9 – 10 0 1 0 0
Disposals – 103 – 44 – 239 – 95 – 205 0– 686
Currency translation differences – 7 – 7 – 21 – 5 – 1 0– 41
Closing balance at December 31, 2004 2,117 1,961 2,036 254 901 0 7,269
Carrying amount at December 31, 2004 5,268 928 750 760 670 63 8,439
Carrying amount at December 31, 2003 5,523 1,008 782 796 642 67 8,818
Advance payments relate only to advance payments on items of
property, plant and equipment where Deutsche Post World Net has
paid advances in connection with uncompleted transactions.
Assets under development relate to items of property, plant and
equipment in progress at the balance sheet date for whose produc-
tion internal or third-party costs have already been incurred.
Items of property, plant and equipment pledged as collateral
have a total carrying amount of €1,563 million (previous year:
€ 855 mi l l ion) .
Additional Information Consolidated Financial Statements