Henkel Annual Report 2011 - Henkel AG & Co. KGaA Annual Report ...

114 Consolidated financial statements
Notes to the consolidated statement of financial position
Henkel Annual Report 2011
The company also intends to continue using the brands disclosed
as having definite lives. No impairment losses were
registered with respect to trademark rights and other rights
with definite lives in 2011. The impairment charges of 23 million
euros recognized in 2010 related predominantly to assets
(2) Property, plant and equipment
Cost
attributable to Adhesive Technologies acquired in previous
years. Write-downs of trademark rights and other rights are
recognized as selling expenses.
The write-downs on other intangible assets are allocated
to the relevant functions in the consolidated statement of
income.
Land, land rights Plant and Factory and Payments on
Total
and buildings machinery office equip- account and asmentsets
in course of
in million euros
construction
At January 1, 2010 1,915 2,692 898 108 5,613
Acquisitions – – – – –
Divestments – – – – –
Additions 21 74 50 95 240
Disposals –55 –154 –63 –2 –274
Reclassifications into assets held for sale 1 –10 –34 –2 – –46
Reclassifications 50 42 17 –105 4
Translation differences 81 67 34 – 182
At December 31, 2010/January 1, 2011 2,002 2,687 934 96 5,719
Acquisitions – – – – –
Divestments –7 –14 –5 – –26
Additions 32 80 61 211 384
Disposals –40 –134 –82 –1 –257
Reclassifications into assets held for sale 1 –9 1 1 – –7
Reclassifications 13 52 16 –82 –1
Translation differences 7 –4 2 3 8
At December 31, 2011 1,998 2,668 927 227 5,820
1 Of which 4 million euros cost (previous year: 6 million euros cost) and 2 million euros depreciation (previous year: 3 million euros) arising from reclassification from
assets held for sale, as disposal is no longer intended.