financial report and registration document 2011 - Groupe SEB

5 Notes
Consolidated fi nancial statements
to the consolidated fi nancial statements
NOTE 11 PROPERTY, PLANT AND EQUIPMENT
2011
(in € millions) Land Buildings
Machinery and
equipment Other
Assets in
progress Total
Cost
At 1 January 24.3 270.4 729.5 112.0 63.1 1,199.3
Acquisitions and additions 0.1 8.7 39.8 12.0 52.0 112.6
Disposals (0.2) (9.0) (28.3) (11.0) (9.7) (58.2)
Other movements (a) 8.2 27.8 73.2 11.1 (59.4) 60.9
Translation adjustment (0.3) 5.2 4.8 0.3 (0.3) 9.7
AT 31 DECEMBER
Depreciation and impairment losses
32.1 303.1 819.0 124.4 45.7 1,324.3
At 1 January 6.2 143.7 549.5 73.5 772.9
Translation adjustment 0.4 1.3 0.2 1.9
Depreciation for the period 0.2 12.7 58.6 12.5 84.0
Impairment losses
Depreciation and impairment losses
0.6 1.5 2.1
written off on disposals (5.3) (26.3) (10.4) (42.0)
Other movements (a) (0.7) 24.2 6.4 29.9
AT 31 DECEMBER 6.4 151.4 608.8 82.2 848.8
Carrying amount at 1 January 18.1 126.7 180.0 38.5 63.1 426.4
CARRYING AMOUNT AT 31 DECEMBER 25.7 151.7 210.2 42.2 45.7 475.5
(a) Including changes in scope of consolidation.
The aggregate carrying amount of the assets of the Omegna manufacturing facility totalled €0.6 million at 31 December 2011, after the €3.1 million additional
impairment loss recognised during the year.
2010
(in € millions) Land Buildings
Machinery and
equipment Other
Assets in
progress Total
Cost
At 1 January 26.7 272.3 703.6 101.9 41.7 1,146.2
Acquisitions and additions 0.1 10.0 30.5 13.7 66.3 120.6
Disposals (3.9) (26.8) (54.2) (9.6) (6.3) (100.8)
Other movements (a) 0.1 5.6 31.9 2.3 (40.2) (0.3)
Translation adjustment 1.3 9.2 17.7 3.7 1.7 33.6
AT 31 DECEMBER
Depreciation and impairment losses
24.3 270.4 729.5 112.0 63.1 1,199.3
At 1 January 6.3 150.7 530.0 67.8 754.8
Translation adjustment 2.6 10.2 2.2 15.0
Depreciation for the period 0.3 10.7 57.9 11.2 80.1
Impairment losses
Depreciation and impairment losses
1.0 2.5 3.5
written off on disposals (0.5) (22.0) (50.0) (8.2) (80.7)
Other movements (a) 0.7 (1.1) 0.5 0.1
AT 31 DECEMBER 6.2 143.7 549.5 73.5 772.8
Carrying amount at 1 January 20.4 121.6 173.6 34.1 41.7 391.4
CARRYING AMOUNT AT 31 DECEMBER 18.1 126.7 180.0 38.5 63.1 426.4
(a) Including changes in scope of consolidation.
104 GROUPE SEB Financial Report and Registration Document 2011