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DES - Online Annual Report 2007

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2. Property, plant and equipment

2006 in 3 thousands Property, advance
payments and
assets under
construction
Other equipment,
operating and
office equipment
Total
Costs as of 1 January 71,887 67 71,954
Currency differences 0 0 0
Additions 26,860 8 26,868
Disposals 0 0 0
Reclassifications -58,490 0 -58,490
Changes in consolidated Group 115,243 0 115,243
as of 31 December 155,500 75 155,575
       
Amortisation as of 1 January 0 -42 -42
Currency differences 0 0 0
Additions -230 -13 -243
Reversals of impairment losses 0 0 0
Disposals 0 0 0
as of 31 December -230 -55 -285
       
Carrying amount 1 January 71,887 25 71,912
Carrying amount 31 December 155,270 20 155,290
2007 in 3 thousands Property, advance
payments and
assets under
construction
Other equipment,
operating and
office equipment
Total
Costs as of 1 January 155,500 75 155,575
Currency differences 8,034 0 8,034
Additions 130,775 8 130,783
Disposals 0 0 0
Reclassifications -149,742 0 -149,742
as of 31 December 144,567 83 144,650
       
Amortisation as of 1 January -230 -55 -285
Currency differences 0 0 0
Additions 0 -12 -12
Reversals of impairment losses 0 0 0
Disposals 0 0 0
as of 31 December -230 -67 -297
       
Carrying amount 1 January 155,270 20 155,290
Carrying amount 31 December 144,337 16 144,353

The additions to the Property, advance payments and assets under construction item concern the newly built properties in Hameln and Passau, as well as advance payments of Galeria Baltycka, which was opened in October 2007. The reclassifications are the result of the recognition of this property at its market value in line with IAS 40 as of the balance sheet date.

The total amount includes interest capitalised in the financial year amounting to €2,080 thousand, which was incurred during construction.



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