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CONSOLIDATED FINANCIALSTATEMENTS<br />
BarryCallebaut<br />
Annual Report2010/11<br />
2009/10<br />
Land and<br />
buildings<br />
Plant and<br />
machinery<br />
Office<br />
equipment,<br />
furniture<br />
and motor<br />
vehicles<br />
Under<br />
construction<br />
Total<br />
in thousands of CHF<br />
At cost<br />
as of August 31, 2009 606,490 1,408,051 144,002 40,546 2,199,089<br />
ChangeinGroup structure – acquisitions 80 5,595 275 836 6,786<br />
Additions 12,241 50,624 7,517 48,876 119,258<br />
Disposals (26,520) (17,188) (2,441) – (46,149)<br />
Currency translation adjustments (63,213) (146,098) (17,327) (3,733) (230,371)<br />
Reclassifications from under construction 2,100 20,720 1,361 (24,181) –<br />
Other reclassifications 189 30 (219) – –<br />
as of August 31, 2010 531,367 1,321,734 133,168 62,344 2,048,613<br />
Accumulated depreciation and impairmentlosses<br />
as of August 31, 2009 319,830 888,114 118,687 – 1,326,631<br />
Depreciation charge 14,973 54,782 8,106 – 77,861<br />
Disposals (19,608) (10,897) (2,216) – (32,721)<br />
Currency translation adjustments (38,362) (101,127) (14,535) – (154,024)<br />
Other reclassifications 861 (798) (63) – –<br />
as of August 31, 2010 277,694 830,074 109,979 – 1,217,747<br />
Net as of August 31, 2010 253,673 491,660 23,189 62,344 830,866<br />
As required by the accounting standards, the Group periodically reviews the remaining<br />
useful lives of assets recognized in property,plant and equipment.<br />
Impairment loss in property, plant and equipment in fiscal year 2010/11 amounted to<br />
CHF 2.0 million, whereof CHF 0.4 million are related to investments on assets to be sold<br />
during the consumer business disposal and CHF 1.6million arerelated to assets no longer in<br />
use (2009/10: CHF 0.0 million).<br />
Repair and maintenance expenses for the fiscal year 2010/11 amounted to CHF 76.6 million<br />
(2009/10: CHF 65.0 million).<br />
The fire insurance value of property,plant and equipment amounted to CHF 2,487.8 million<br />
as of August 31, 2011 (2010: CHF 2,749.8 million).<br />
As of August 31, 2011, plant and equipment held under financial leases amounted to<br />
CHF 1.6million (2010: CHF 2.9 million).Therelated liabilities arereported under short-term<br />
and long-term debt (see notes 20 and 23).<br />
As of August 31, 2011, no financial liabilities were secured by means of mortgages on<br />
properties (2010: none).<br />
98
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