Note 37 Property, plant, equipment and right-of-use assets
Property, plant and equipment
€ million |
Land and buildings |
Other plant and equipment |
Assets under construction |
Total |
As at 1 January 2023 |
||||
Historical cost |
166 |
524 |
69 |
759 |
Accumulated depreciation and impairments |
-55 |
-469 |
- |
-524 |
Carrying amount as at 1 January 2023 |
111 |
55 |
69 |
235 |
Movements 2023 |
||||
Investments |
- |
7 |
42 |
49 |
Depreciation |
-6 |
-29 |
- |
-35 |
Reclassifications and other movements |
78 |
17 |
-96 |
-1 |
Total |
72 |
-5 |
-54 |
13 |
As at 31 December 2023 |
||||
Historical cost |
244 |
316 |
15 |
575 |
Accumulated depreciation and impairments |
-61 |
-266 |
- |
-327 |
Carrying amount as at 31 December 2023 |
183 |
50 |
15 |
248 |
Movements 2024 |
||||
Investments |
- |
8 |
45 |
53 |
Depreciation |
-7 |
-23 |
- |
-30 |
Reclassifications and other movements |
12 |
24 |
-36 |
- |
Divestments |
-2 |
-1 |
- |
-3 |
Total |
3 |
8 |
9 |
20 |
As at 31 December 2024 |
||||
Historical cost |
254 |
331 |
24 |
609 |
Accumulated depreciation and impairments |
-68 |
-273 |
- |
-341 |
Carrying amount as at 31 December 2024 |
186 |
58 |
24 |
268 |
Investments
Investments in property, plant and equipment during the financial year totalled €53 million (2023: €49 million). They related to investments in hardware, software and accommodation.
Right-of-use assets
€ million |
Land and buildings |
Other plant and equipment |
Total |
As at 1 January 2023 |
|||
Historical cost |
85 |
71 |
156 |
Accumulated depreciation and impairments |
-10 |
-42 |
-52 |
Carrying amount as at 1 January 2023 |
75 |
29 |
104 |
Movements 2023 |
|||
Investments |
2 |
23 |
25 |
Depreciation |
-7 |
-14 |
-21 |
Reclassifications and other movements |
5 |
-2 |
3 |
Total |
- |
7 |
7 |
As at 31 December 2023 |
|||
Historical cost |
92 |
90 |
182 |
Accumulated depreciation and impairments |
-17 |
-54 |
-71 |
Carrying amount as at 31 December 2023 |
75 |
36 |
111 |
Movements 2024 |
|||
Investments |
5 |
28 |
33 |
Divestments |
- |
-3 |
-3 |
Depreciation |
-8 |
-14 |
-22 |
Reclassifications and other movements |
3 |
- |
3 |
Total |
- |
11 |
11 |
As at 31 December 2024 |
|||
Historical cost |
101 |
114 |
215 |
Accumulated depreciation and impairments |
-26 |
-67 |
-93 |
Carrying amount as at 31 December 2024 |
75 |
47 |
122 |
These assets relate to business premises and lease vehicles. The lease adjustments relate, for example, to expansions and indexations.