Registration document 2011 - tota - Total.com

9 Consolidated
Financial Statements
Notes to the Consolidated Financial Statements
Changes in net property, plant and equipment are analyzed in the following table:
(M€) Net amount
as of January 1,
2011 54,964 15,443 (1,489) (7,636) 1,692 1,483 64,457
2010 51,590 11,346 (1,269) (8,564) 2,974 (1,113) 54,964
2009 46,142 11,212 (65) (6,765) 397 669 51,590
In 2011, the heading “Disposals” mainly includes the impact of
sales of assets in the Upstream segment (disposal of the interests
in Gassled in Norway and in Joslyn’s field in Canada) and in the
Downstream segment (disposal of Marketing assets in the United
Kingdom) (see Note 3 to the Consolidated Financial Statements).
In 2011, the heading “Depreciation and impairment” includes the
impact of impairments of assets recognized for €781 million (see
Note 4D to the Consolidated Financial Statements).
In 2011, the heading “Other” corresponds to the increase of the
asset for sites restitution for an amount of €653 million. It also
includes €428 million related to the reclassification of tangible
assets of Joslyn and resins businesses sold in 2011 and formerly
classified in accordance with IFRS 5 "Non-current assets held for
sale and discontinued operations”.
In 2010, the heading “Disposals” mainly included the impact of
sales of assets in the Upstream segment (sale of the interests in the
Valhall and Hod fields in Norway and sale of the interest in Block 31
in Angola, see Note 3 to the Consolidated Financial Statements).
Acquisitions Disposals Depreciation
and impairment
Currency
translation
adjustment
Other Net amount
as of December 31,
Property, plant and equipment presented above include the following amounts for facilities and equipment under finance leases that have
been capitalized:
As of December 31, 2011 Cost Depreciation Net
(M€) and impairment
Machinery, plant and equipment 414 (284) 130
Buildings 54 (25) 29
Other - - -
Total 468 (309) 159
As of December 31, 2010 Cost Depreciation Net
(M€) and impairment
Machinery, plant and equipment 480 (332) 148
Buildings 54 (24) 30
Other - - -
Total 534 (356) 178
As of December 31, 2009 Cost Depreciation Net
(M€) and impairment
Machinery, plant and equipment 548 (343) 205
Buildings 60 (30) 30
Other - - -
Total 608 (373) 235
214 TOTAL. Registration Document 2011
In 2010, the heading “Depreciation and impairment” included the
impact of impairments of assets recognized for €1,416 million (see
Note 4D to the Consolidated Financial Statements).
In 2010, the heading “Other” mainly corresponded to the change in
the consolidation method of Samsung Total Petrochemicals (see
Note 12 to the Consolidated Financial Statements) for
€(541) million and the reclassification for €(537) million, including
the currency translation adjustment, of property, plant and
equipment related to Joslyn, Total E&P Cameroun, and resins
businesses subject to a disposal project in accordance with IFRS 5
“Non-current assets held for sale and discontinued operations”,
partially compensated by the acquisition of UTS for €217 million
(see Note 3 to the Consolidated Financial Statements).
In 2009, the heading “Other” mainly included changes in net
property, plant and equipment related to asset retirement
obligations and Chesapeake’s Barnett shale tangible assets for
€113 million (see Note 3 to the Consolidated Financial Statements).