AT&S World

The value of the land included in “land, plants and buildings”
amounts to TEUR 1,484 (TEUR 1,513 at 31 March 2010).
Depreciation of the current financial year is recognised in cost of
sales, selling costs, and general and administrative costs.
Impairment
Some items of property, plant and equipment, which fulfilled
the criteria for impairment, were written down to their recoverable
amount. The impairments in the financial year 2010/11 in
the amount of TEUR 66 mainly relate to machines that are no
longer needed, and the impairments in the financial year 2009/10
Consolidated Financial Statements as of 31 March 2011
in the amount of TEUR 16,833 resulted almost exclusively from
restructuring and cost cutting measures. The determination of
these amounts was based on available estimates for the sale of
these assets on market and arm’s length terms. Particularly with
regard to the impairments of the prior financial year 2009/10,
reference is made to Note 5 “Non-recurring items” and Note 4
“Other operating result”.
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