in € m. |
Owner occupied properties |
Furniture and equipment |
Leasehold improvements |
Construction- |
Total |
Cost of acquisition: |
|
|
|
|
|
Balance as of January 1, 2013 |
4,018 |
4,054 |
2,146 |
235 |
10,453 |
Changes in the group of consolidated companies |
0 |
14 |
9 |
0 |
24 |
Additions |
42 |
247 |
111 |
113 |
513 |
Transfers |
(23) |
45 |
116 |
(173) |
(35) |
Reclassifications (to)/from “held for sale” |
(105) |
(19) |
(5) |
(3) |
(131) |
Disposals |
89 |
279 |
76 |
0 |
443 |
Exchange rate changes |
(94) |
(137) |
(63) |
(2) |
(296) |
Balance as of December 31, 2013 |
3,749 |
3,926 |
2,240 |
170 |
10,084 |
Changes in the group of consolidated companies |
(8) |
11 |
(1) |
0 |
3 |
Additions |
42 |
332 |
122 |
173 |
669 |
Transfers |
10 |
26 |
122 |
(153) |
5 |
Reclassifications (to)/from “held for sale” |
(2,507) |
(1,364) |
(133) |
(55) |
(4,058) |
Disposals |
0 |
201 |
39 |
0 |
241 |
Exchange rate changes |
275 |
217 |
68 |
6 |
566 |
Balance as of December 31, 2014 |
1,560 |
2,947 |
2,379 |
141 |
7,027 |
|
|
|
|
|
|
Accumulated depreciation and impairment: |
|
|
|
|
|
Balance as of January 1, 2013 |
1,468 |
2,717 |
1,305 |
0 |
5,490 |
Changes in the group of consolidated companies |
0 |
14 |
6 |
0 |
20 |
Depreciation |
77 |
376 |
171 |
0 |
625 |
Impairment losses |
52 |
17 |
1 |
0 |
69 |
Reversals of impairment losses |
0 |
0 |
0 |
0 |
0 |
Transfers |
(2) |
1 |
(2) |
0 |
(3) |
Reclassifications (to)/from “held for sale” |
0 |
(13) |
(1) |
0 |
(14) |
Disposals |
27 |
243 |
64 |
0 |
334 |
Exchange rate changes |
(43) |
(106) |
(39) |
0 |
(188) |
Balance as of December 31, 2013 |
1,525 |
2,762 |
1,378 |
0 |
5,665 |
Changes in the group of consolidated companies |
0 |
8 |
(1) |
0 |
6 |
Depreciation |
39 |
271 |
179 |
0 |
490 |
Impairment losses |
58 |
105 |
10 |
0 |
172 |
Reversals of impairment losses |
0 |
0 |
0 |
0 |
0 |
Transfers |
28 |
10 |
22 |
0 |
59 |
Reclassifications (to)/from “held for sale” |
(1,289) |
(1,127) |
(95) |
0 |
(2,511) |
Disposals |
2 |
83 |
34 |
0 |
119 |
Exchange rate changes |
140 |
175 |
41 |
0 |
356 |
Balance as of December 31, 2014 |
498 |
2,121 |
1,500 |
0 |
4,118 |
|
|
|
|
|
|
Carrying amount: |
|
|
|
|
|
Balance as of December 31, 2013 |
2,224 |
1,164 |
862 |
170 |
4,420 |
Balance as of December 31, 2014 |
1,062 |
826 |
880 |
141 |
2,909 |
Impairment losses on property and equipment are recorded within general and administrative expenses for the income statement.
The carrying value of items of property and equipment on which there is a restriction on sale was € 57 million as of December 31, 2014.
Commitments for the acquisition of property and equipment were € 42 million at year-end 2014.
The Cosmopolitan of Las Vegas was reclassified to held for sale in the year and subsequently sold. For further information please see Note 26 “Non-Current Assets and Disposal Groups Held for Sale”.
