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Financial position – resultsNotes to the consolidated financial statements 4Note 6 - Property, plant and equipment(€ millions) Land Buildings Machinery & equipment Other TotalAt 1 January 2011Gross amount 26 337 1,664 142 2,169Accumulated depreciation and impairment – (193) (1,346) (102) (1,641)CARRYING AMOUNT 26 144 318 40 528Capital expenditure – 5 22 27 54Disposals – (1) – (1) (2)Depreciation (1) – (11) (33) (8) (52)Impairment losses (1) – – (42) (1) (43)Reversals of impairment losses (1) – – 1 – 1Reclassifications – 2 9 (5) 6Changes in scope of consolidation (2) (16) (66) (7) (91)At 31 December 2011Gross amount 24 304 1,496 139 1,963Accumulated depreciation and impairment – (181) (1,287) (94) (1,562)CARRYING AMOUNT 24 123 209 45 401Capital expenditure – 6 21 13 40Disposals (1) – – (1) (2)Translation adjustments – – – – –Depreciation (1) – (11) (31) (6) (48)Impairment losses (1) (4) (33) (2) (2) (41)Reversals of impairment losses (1) – – 9 1 10Reclassified to assets held for sale (2) (2) (4) (10) – (16)Other reclassifications (2) 3 – 13 (16) –Changes in scope of consolidation – 1 1 1 3At 31 December 2012Gross amount 24 286 1,395 130 1,835Accumulated depreciation and impairment (3) (205) (1,184) (96) (1,488)CARRYING AMOUNT 21 81 211 34 347(1) Depreciation expense for the reporting period is included in the “Depreciation and amortisation” caption in the income statement. Impairment lossesand reversals are included in “Other operating income and expenses, net” and analysed in Note 3 – Measurement of impairment losses.(2) Certain items of property, plant and equipment have been reclassified to assets held for sale in accordance with IFRS 5 (see Note 4).“Other reclassifications” essentially comprise assets in progress at the beginning of the period that were subsequently placed in service during the year.The amount of expenditure recognised end-2012 in relation to property, plant and equipment in progress was €16 million (2011: €23 million).No items of property, plant and equipment were pledged as collateral in either 2012 or 2011.The Group’s capital expenditure projects did not generate any capitalised borrowing costs in 2012 or 2011.Sequana | 2012 Document de référence (English version) | 115