Food Lion 2012 Annual Report Download - page 103

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DELHAIZE GROUP FINANCIAL STATEMENTS ’12 // 101
8. Property, Plant and Equipment
(in millions of €)
Land and
Buildings
Leasehold
Improvements
Furniture,
Fixtures,
Equipment
and
Vehicles
Construction
in Progress
and Advance
Payments
Property
under
Finance
Leases
Total
Property,
Plant and
Equipment
Cost at January 1, 2012
2 539
1 902
3 624
87
969
9 121
Additions
96
101
246
147
14
604
Sales and disposals
(21)
(110)
(228)
(4)
(26)
(389)
Acquisitions through business combinations
3
—
1
—
—
4
Transfers (to) from other accounts
29
56
41
(187)
(86)
(147)
Currency translation effect
(49)
(28)
(56)
—
(15)
(148)
Divestitures / Classified as held for sale
(1)
(1)
(12)
—
—
(14)
Balance at December 31, 2012
2 596
1 920
3 616
43
856
9 031
Accumulated depreciation at January 1, 2012
(735)
(1 126)
(2 117)
—
(422)
(4 400)
Accumulated impairment at January 1, 2012
(19)
(35)
(62)
—
(55)
(171)
Depreciation expense
(93)
(132)
(294)
—
(49)
(568)
Impairment loss
(15)
(23)
(36)
(1)
(12)
(87)
Sales and disposals
14
109
210
—
25
358
Transfers to (from) other accounts
10
1
4
—
78
93
Currency translation effect
11
17
34
—
8
70
Divestitures / Classified as held for sale
—
—
5
—
—
5
Accumulated depreciation at December 31, 2012
(801)
(1 160)
(2 203)
—
(407)
(4 571)
Accumulated impairment at December 31, 2012
(26)
(29)
(53)
(1)
(20)
(129)
Net carrying amount at December 31, 2012
1 769
731
1 360
42
429
4 331
Cost at January 1, 2011
1 930
1 861
3 217
94
930
8 032
Additions
112
92
265
204
35
708
Sales and disposals
(8)
(22)
(96)
(5)
(18)
(149)
Acquisitions through business combinations
297
21
77
5
—
400
Transfers (to) from other accounts
167
(90)
76
(213)
(6)
(66)
Currency translation effect
41
40
85
2
28
196
Balance at December 31, 2011(1)
2 539
1 902
3 624
87
969
9 121
Accumulated depreciation at January 1, 2011
(587)
(1 055)
(1 881)
—
(380)
(3 903)
Accumulated impairment at January 1, 2011
—
(12)
(23)
—
(19)
(54)
Depreciation expense
(74)
(126)
(264)
—
(49)
(513)
Impairment loss
(17)
(24)
(39)
—
(35)
(115)
Sales and disposals
4
20
89
—
19
132
Transfers to (from) other accounts
(60)
65
(3)
—
3
5
Currency translation effect
(20)
(29)
(58)
—
(16)
(123)
Accumulated depreciation at December 31, 2011
(735)
(1 126)
(2 117)
—
(422)
(4 400)
Accumulated impairment at December 31, 2011
(19)
(35)
(62)
—
(55)
(171)
Net carrying amount at December 31, 2011(1)
1 785
741
1 445
87
492
4 550
_______________
(1) 2011 was revised to reflect the effects of the completion in the second quarter of 2012 of the purchase price allocation of the Delta Maxi acquisition.