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13 Property, plant and equipment

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CHANGES IN PROPERTY, PLANT AND EQUIPMENT IN THE PERIOD JANUARY 1 TO DECEMBER 31, 2012

€ million

  

Land, land rights and buildings, including buildings on third-party land*

  

Technical equip­ment and machinery

  

Other equip­ment, operating and office equip­ment

  

Payments on account and assets under con­struction

  

Total*

 

  

 

  

 

  

 

  

 

  

 

*

Figures adjusted because of the updated purchase price allocation for MAN.

Cost
Balance at Jan. 1, 2012

  

22,000

  

31,531

  

41,537

  

4,616

  

99,684

Foreign exchange differences

  

–48

  

–67

  

–242

  

–40

  

–397

Changes in consolidated Group

  

1,497

  

397

  

1,482

  

399

  

3,775

Additions

  

810

  

1,873

  

3,498

  

4,009

  

10,190

Transfers

  

559

  

753

  

1,894

  

–3,295

  

–89

Disposals

  

183

  

830

  

1,671

  

32

  

2,716

Balance at Dec. 31, 2012

  

24,633

  

33,657

  

46,499

  

5,657

  

110,446

Depreciation and impairment
Balance at Jan. 1, 2012

  

9,710

  

23,714

  

34,305

  

39

  

67,767

Foreign exchange differences

  

–33

  

–42

  

–191

  

–2

  

–268

Changes in consolidated Group

  

18

  

5

  

11

  

–

  

34

Additions to cumulative depreciation

  

754

  

2,059

  

3,143

  

12

  

5,969

Additions to cumulative impairment losses

  

15

  

5

  

15

  

0

  

36

Transfers

  

–4

  

–560

  

570

  

–12

  

–6

Disposals

  

144

  

783

  

1,572

  

0

  

2,500

Reversal of impairment losses

  

–

  

3

  

0

  

6

  

9

Balance at Dec. 31, 2012

  

10,315

  

24,395

  

36,282

  

30

  

71,022

Carrying amount at Dec. 31, 2012

  

14,318

  

9,262

  

10,217

  

5,627

  

39,424

of which assets leased under finance leases carrying amount at Dec. 31, 2012

  

285

  

55

  

19

  

–

  

358

Future finance lease payments due, and their present values, are shown in the following table:

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€ million

  

2013

  

2014–2017

  

from 2018

  

Total

 

  

 

  

 

  

 

  

 

Finance lease payments

  

49

  

178

  

270

  

497

Interest component of finance lease payments

  

13

  

38

  

27

  

78

Carrying amount/present value

  

36

  

140

  

243

  

419
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CHANGES IN PROPERTY, PLANT AND EQUIPMENT IN THE PERIOD JANUARY 1 TO DECEMBER 31, 2013

€ million

  

Land, land rights and buildings, including buildings on third-party land

  

Technical equip­ment and machinery

  

Other equip­ment, operating and office equip­ment

  

Payments on account and assets under con­struction

  

Total

 

  

 

  

 

  

 

  

 

  

 

Cost
Balance at Jan. 1, 2013

  

24,633

  

33,657

  

46,499

  

5,657

  

110,446

Foreign exchange differences

  

–540

  

–908

  

–874

  

–185

  

–2,508

Changes in consolidated Group

  

137

  

15

  

30

  

75

  

258

Additions

  

897

  

2,016

  

3,506

  

4,642

  

11,061

Transfers

  

1,288

  

1,322

  

1,340

  

–3,954

  

–3

Disposals

  

139

  

942

  

1,203

  

77

  

2,362

Balance at Dec. 31, 2013

  

26,277

  

35,159

  

49,297

  

6,158

  

116,891

Depreciation and impairment
Balance at Jan. 1, 2013

  

10,315

  

24,395

  

36,282

  

30

  

71,022

Foreign exchange differences

  

–188

  

–621

  

–654

  

–4

  

–1,468

Changes in consolidated Group

  

45

  

9

  

12

  

–

  

66

Additions to cumulative depreciation

  

824

  

2,226

  

3,637

  

1

  

6,689

Additions to cumulative impairment losses

  

11

  

2

  

97

  

8

  

118

Transfers

  

–13

  

–42

  

43

  

0

  

–12

Disposals

  

54

  

852

  

970

  

1

  

1,877

Reversal of impairment losses

  

1

  

25

  

0

  

9

  

35

Balance at Dec. 31, 2013

  

10,939

  

25,091

  

38,447

  

26

  

74,503

Carrying amount at Dec. 31, 2013

  

15,338

  

10,068

  

10,850

  

6,132

  

42,389

of which assets leased under finance leases carrying amount at Dec. 31, 2013

  

282

  

16

  

16

  

–

  

314

Options to purchase buildings and plant leased under the terms of finance leases exist in most cases, and are also expected to be exercised. Interest rates on the leases vary between 1.0% and 31.1% (previous year: between 1.6% and 11.0%), depending on the market and the date of inception of the lease.

Future finance lease payments due, and their present values, are shown in the following table:

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€ million

  

2014

  

2015–2018

  

from 2019

  

Total

 

  

 

  

 

  

 

  

 

Finance lease payments

  

65

  

179

  

279

  

523

Interest component of finance lease payments

  

11

  

24

  

68

  

103

Carrying amount/present value

  

54

  

155

  

211

  

420

For assets leased under operating leases, payments recognized in the income statement amounted to €1,273 million (previous year: €1,164 million). With respect to internally used assets, €1,136 million (previous year: €1,024 million) of this figure is attributable to minimum lease payments and €51 million (previous year: €41 million) to contingent lease payments. The payments of €86 million (previous year: €99 million) under subleases primarily relate to minimum lease payments.

Government grants of €295 million (previous year: €418 million) were deducted from the cost of property, plant and equipment, and noncash benefits received amounting to €8 million (previous year: €4 million) were not capitalized as the cost of assets.

Real property liens of €661 million (previous year: €723 million) are pledged as collateral for financial liabilities related to land and buildings.