Financial Reporting - Rexel

10.2 | Property, plant & equipment
(in millions of euros)
Land &
Buildings
Plant &
Equipment
Other tangible
assets
Total property,
plant and
equipment
Gross carrying amount as of January 1,
"" 184.1 636.8 29.8 850.7
2010 …………………………………………..
Effect of acquisitions and divestitures …………… "" (0.5) (10.6) - (11.1)
Additions ………………………………………………"" 6.0 28.0 3.3 37.3
Disposals ………………………………………………"" (10.4) (31.3) (0.3) (42.0)
Exchange differences ……………………………… "" 5.0 33.5 1.7 40.2
Other changes ……………………………………… "" 20.0 (26.5) 0.4 (6.1)
Gross carrying amount as of December
"" 204.2 629.9 34.9 869.0
31, 2010 ……………………………..……….
Effect of acquisitions and divestitures …………… "" 24.3 (0.7) (5.4) 18.2
Additions ………………………………………………"" 21.0 39.0 4.4 64.4
Disposals ………………………………………………"" (22.7) (41.3) (6.7) (70.7)
Exchange differences ……………………………… "" 2.7 5.4 - 8.1
Other changes ……………………………………… "" 15.4 3.6 (1.5) 17.5
Gross carrying amount as of December
"" 244.9 635.9 25.7 906.5
31, 2011 ……………………………………..
""
Accumulated depreciation and
"" (77.4) (490.1) (21.6) (589.1)
amortization as of January 1, 2010 …...
Change in consolidation scope …………………… "" 0.5 9.5 - 10.0
Depreciation expense ……………………………… "" (10.0) (40.3) (4.0) (54.3)
Impairment losses ………………….……............... "" (2.7) (0.6) - (3.3)
Release ………………………………………..………"" 6.6 29.5 0.3 36.4
Exchange differences ……………………………… "" (1.7) (26.8) (1.2) (29.7)
Other changes ……………………………………… "" (10.5) 17.4 (0.5) 6.4
Accumulated depreciation and
amortization as of December 31,
2010…………………………………………...
"" (95.2) (501.4) (27.0) (623.6)
Change in consolidation scope …………………… "" (11.9) 3.7 4.3 (3.9)
Depreciation expense…………………………………"" (10.4) (38.2) (2.5) (51.1)
Impairment losses……………………………………"" (9.3) (1.9) - (11.2)
Release ………………………………………..………"" 7.5 39.7 6.6 53.8
Exchange differences ……………………………… "" (1.2) (4.5) - (5.7)
Other changes ……………………………………… "" (2.1) (0.8) (0.2) (3.1)
Accumulated depreciation and
"" (122.6) (503.4) (18.8) (644.8)
amortization as of December 31, 2011 .
Carrying amount at January 1, 2010 "" 106.7 146.7 8.2 261.6
Carrying amount at December 31, 2010 "" 109.0 128.5 7.9 245.4
Carrying amount at December 31, 2011 "" 122.3 132.5 6.9 261.7
The net additions of the period include €18.4 million of assets acquired through finance lease contracts. In
the consolidated cash flow statement, these acquisitions have been included in cash flows from investing
activities, and the corresponding variation of financial debt was included in “Net change in finance lease
liabilities” in cash flows from financing activities.
51