english - About Heraeus

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In financial year 2012, impairment losses of property, plant, and equipment of € 26.8 million
(previous year: € 2.4 million) were performed. €10.9 million of this was performed
for the Heraeus Precious Metals business group, € 6.9 million for the Heraeus Materials
Technology business group, € 6.2 million for the Heraeus Dental business group, and
€ 2.8 million for the Heraeus Quarzglas business group.
Assets from finance lease agreements were capitalized as property, plant, and equipment.
They are broken down as follows:
in € million deC. 31, 2012 deC. 31, 2011
Buildings 13.2 17.1
Technical equipment and machinery 2.4 0.5
Other equipment, furniture, and fixtures 0.4 0.4
Leased assets 16.0 18.0
The most significant finance lease agreements concern the lease of office and production
buildings and warehouses at the locations in Belgium, Poland, and the USA. The agreements
have basic terms of five to 16 years. In addition to the customary price adjustment
clauses, extension and purchase options are set down in the agreements.