A N N U A L R E P O R T - Bouygues

4.2. Movements during the period 4,615
4.2.1. Property, plant and equipment
Gross value
Land and
buildings
Industrial plant
and equipment
Other property, plant
and equipment
PP&E under construction
and advance payments
Total
1 January 2004 1,495 6,708 1,837 130 10,170
Translation adjustment (5) (32) (10) (1) (48)
Transfers and other movements 44 (21) 61 (90) (6)
Changes in scope of consolidation (165) (77) (237) 1 (478)
Acquisitions and other increases 41 685 237 143 1,106
Disposals and other reductions (60) (325) (115) (7) (507)
31 December 2004 1,350 6,938 1,773 176 10,237
of which finance leases 47 55 230 332
MOVEMENTS DURING 2005
Translation adjustment 30 95 29 154
Transfers and other movements 12 83 (202) (116) (223)
Changes in scope of consolidation (30) (49) 21 (6) (64)
Acquisitions and other increases (1) 64 807 225 102 1,198
Disposals and other reductions (13) (424) (145) (4) (586)
31 December 2005 1,413 7,450 1,701 152 10,716
of which finance leases 30 67 158 255
Depreciation and impairment
1 January 2004 (447) (3,530) (1,173) (5,150)
Translation adjustment 1 20 6 27
Transfers and other movements 4 39 (36) 7
Changes in scope of consolidation 57 31 140 228
Disposals and other reductions 14 239 99 352
Net depreciation expense (55) (763) (253) (1,071)
Impairment losses recognised (1) (1)
Impairment losses reversed
31 December 2004 (426) (3,965) (1,217) (5,608)
of which finance leases (20) (28) (131) (179)
MOVEMENTS DURING 2005
Translation adjustment (7) (60) (18) (85)
Transfers and other movements (2) 1 181 180
Changes in scope of consolidation 10 5 1 16
Disposals and other reductions 7 340 122 469
Net depreciation expense (46) (796) (231) (1,073)
Impairment losses recognised
Impairment losses reversed
31 December 2005 (464) (4,475) (1,162) (6,101)
of which finance leases (10) (38) (110) (158)
Net
(2)
Total
31 December 2004 924 2,973 556 176 4,629
of which finance leases 27 27 99 153
31 December 2005 949 2,975 539 152 4,615
of which finance leases 20 29 48 97
Total
(1) including Bouygues Telecom: Network investments of 506 million (10% higher than in 2004)
(2) including Bouygues Telecom: gross value of fully-depreciated property, plant and equipment still in use: 661 million (network equipment
and installations)
Analyses of the carrying amount of intangible assets and property, plant & equipment, and of investment
in operating assets, by business segment and geographical area are provided in Note 17, “Segment
Information”.
CONSOLIDATED FINANCIAL STATEMENTS
173