ANNUAL REPORT 2011 - Kuehne + Nagel

Development of capital expenditure and depreciation of fixed assets over a period of four years
Planned investments in 2012
In 2012 the Kuehne + Nagel Group plans to invest about
CHF 218 million in fixed assets compared to a spending of
CHF 207 million in 2011.
Planned investment per category
CHF million
Properties and buildings 70
Operating equipment 41
Vehicles 24
Leasehold improvements 24
IT hardware 40
Office furniture and equipment 19
Total 218
Expected allocation per business segment
CHF million
Status Report _ _ _ _ _ _ Planned investments in 2012
CHF million 2008 2009 2010 2011
Capital expenditure
Fixed assets
Properties and buildings 93 161 28 72
Operating and office equipment
Intangible assets
152 103 106 135
Goodwill in consolidated companies – 139 – 121
Other intangibles through acquisitions 26 151 2 88
IT software 34 22 17 11
305 576 153 427
Depreciation and amortisation
Fixed assets
Buildings 21 24 24 27
Operating and office equipment 148 160 140 127
Intangible assets
Impairment of goodwill 6 – – –
Amortisation/impairment of other intangible assets 109 107 75 74
284 291 239 228
Seafreight 28
Airfreight 19
Road & Rail Logistics 69
Contract Logistics 30
Real Estate 72
Total 218
19