ANNUAL REPORT 2011 - Kuehne + Nagel
ANNUAL REPORT 2011 - Kuehne + Nagel
ANNUAL REPORT 2011 - Kuehne + Nagel
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18<br />
Status Report _ _ _ _ _ _ Investments, depreciation and amortisation<br />
In <strong>2011</strong> the following major investments were made in properties<br />
and buildings:<br />
Region/Location CHF million<br />
Reims, France 4 New logistics and distribution centre<br />
Various locations, France 3 Extension of logistics and distribution centre<br />
Geel, Belgium 4 Extension of logistics and distribution centre<br />
Contern, Luxembourg 2 Extension of logistics and distribution centre<br />
Utrecht, The Netherlands 14 Extension of logistics and distribution centre<br />
Duisburg, Germany 25 Extension of logistics and distribution centre<br />
Rennerod, Germany 14 Purchase of logistics and distribution centre<br />
Leipzig, Germany 1 Land for new logistic and distribution centre<br />
Dubai 3 Extension of logistics and distribution centre<br />
Kenya 2 Land for new logistic and distribution centre<br />
The allocation of investments in other fixed assets, operating<br />
and office equipment by category is as follows:<br />
CHF million<br />
The allocation by region is as follows:<br />
72<br />
Operating equipment 51<br />
Vehicles 19<br />
Leasehold improvements 26<br />
IT hardware 30<br />
Office furniture and equipment 9<br />
Total 135<br />
CHF million<br />
Europe 92<br />
Americas 22<br />
Asia-Pacific 14<br />
Middle East, Central Asia and Africa 7<br />
Total 135<br />
Depreciation and amortisation in <strong>2011</strong> amounted to CHF<br />
223 million and are allocated in the profit and loss statement<br />
as indicated in notes 27 and 28 to the Consolidated Financial<br />
Statements. Impairment of intangible assets amounted to<br />
CHF 5 million and is allocated in the income statement.