sain t-gobain annu al report 2008 annual report
sain t-gobain annu al report 2008 annual report
sain t-gobain annu al report 2008 annual report
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
NOTE 5<br />
Property, plant and equipment<br />
Land Buildings Machinery Assets Tot<strong>al</strong><br />
and and under<br />
(in € millions) quarries equipment construction<br />
At January 1, 2006<br />
Gross v<strong>al</strong>ue 2,026 6,739 18,603 1,389 28,757<br />
Accumulated depreciation and impairment (257) (3,252) (12,411) (17) (15,937)<br />
Net 1,769 3,487 6,192 1,372 12,820<br />
Movements during the year<br />
Changes in group structure and reclassifications 12 42 (98) 12 (32)<br />
Acquisitions 57 94 501 1,556 2,208<br />
Dispos<strong>al</strong>s (62) (42) (50) (22) (176)<br />
Translation adjustments (27) (64) (193) (42) (326)<br />
Depreciation and impairment (32) (288) (1,180) (5) (1,505)<br />
Reclassification to assets held for s<strong>al</strong>e (4) (45) (135) (36) (220)<br />
Transfers 310 968 (1,278) 0<br />
Tot<strong>al</strong> (56) 7 (187) 185 (51)<br />
At December 31, 2006<br />
Gross v<strong>al</strong>ue 1,961 6,859 18,040 1,579 28,439<br />
Accumulated depreciation and impairment (248) (3,365) (12,035) (22) (15,670)<br />
Net 1,713 3,494 6,005 1,557 12,769<br />
Movements during the year<br />
Changes in group structure and reclassifications (2) 39 30 7 74<br />
Acquisitions 86 149 528 1,529 2,292<br />
Dispos<strong>al</strong>s (24) (37) (42) (17) (120)<br />
Translation adjustments (38) (83) (153) (49) (323)<br />
Depreciation and impairment (33) (274) (1,223) (6) (1,536)<br />
Reclassification to assets held for s<strong>al</strong>e (9) (77) (225) (92) (403)<br />
Transfers 299 944 (1,243) 0<br />
Tot<strong>al</strong> (20) 16 (141) 129 (16)<br />
At December 31, 2007<br />
Gross v<strong>al</strong>ue 1,971 6,944 17,643 1,704 28,262<br />
Accumulated depreciation and impairment (278) (3,434) (11,779) (18) (15,509)<br />
Net 1,693 3,510 5,864 1,686 12,753<br />
Movements during the year<br />
Changes in group structure and reclassifications 130 228 302 0 660<br />
Acquisitions 94 135 600 1,334 2,163<br />
Dispos<strong>al</strong>s (17) (26) (31) (12) (86)<br />
Translation adjustments (70) (203) (279) (46) (598)<br />
Depreciation and impairment (36) (273) (1,195) (14) (1,518)<br />
Transfers 417 1,135 (1,552) 0<br />
Tot<strong>al</strong> 101 278 532 (290) 621<br />
At December 31, <strong>2008</strong><br />
Gross v<strong>al</strong>ue 2,116 7,554 19,078 1,415 30,163<br />
Accumulated depreciation and impairment (322) (3,766) (12,682) (19) (16,789)<br />
Net 1,794 3,788 6,396 1,396 13,374<br />
147 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS<br />
Acquisitions of property, plant and equipment during <strong>2008</strong> included assets acquired under finance leases for an amount of<br />
€14 million (2007: €19 million; 2006: €17 million). These finance leases are not included in the cash flow statement in accordance<br />
with IAS 7. At December 31, <strong>2008</strong>, tot<strong>al</strong> property, plant and equipment acquired under finance leases amounted to €201 million<br />
(December 31, 2007: €190 million; December 31, 2006: €210 million) (see Note 25).<br />
In <strong>2008</strong>, “Changes in group structure and reclassifications” primarily corresponded to the €438 million impact of the Maxit<br />
acquisition.<br />
Saint-Gobain – Financi<strong>al</strong> Report <strong>2008</strong>
Change language