11 – Noncurrent assets
Development (million €) |
|||||
|---|---|---|---|---|---|
|
|
1st Quarter 2015 |
|||
|
|
Intangible assets |
Property, plant and equipment |
Investments accounted for using the equity method |
Other financial assets |
Acquisition costs |
|
|
|
|
|
Balance as of January 1 |
|
16,325 |
64,414 |
3,270 |
747 |
Additions |
|
87 |
1,247 |
35 |
14 |
Disposals |
|
(42) |
(148) |
(5) |
(13) |
Transfers |
|
64 |
53 |
65 |
(27) |
Exchange differences |
|
1,217 |
2,995 |
172 |
17 |
Balance as of March 31 |
|
17,651 |
68,561 |
3,537 |
738 |
Amortization and depreciation |
|
|
|
|
|
Balance as of January 1 |
|
3,358 |
40,918 |
25 |
207 |
Additions |
|
149 |
746 |
− |
7 |
Disposals |
|
(42) |
(128) |
− |
(1) |
Transfers |
|
3 |
(8) |
− |
(9) |
Exchange differences |
|
222 |
1,547 |
− |
1 |
Balance as of March 31 |
|
3,690 |
43,075 |
25 |
205 |
Net carrying amount as of March 31 |
|
13,961 |
25,486 |
3,512 |
533 |
Development (million €) |
|||||
|---|---|---|---|---|---|
|
|
1st Quarter 2014 |
|||
|
|
Intangible assets |
Property, plant and equipment |
Investments accounted for using the equity method |
Other financial assets |
Acquisition costs |
|
|
|
|
|
Balance as of January 1 |
|
15,420 |
57,190 |
4,174 |
837 |
Additions |
|
24 |
925 |
− |
34 |
Disposals |
|
(198) |
(657) |
− |
(1) |
Transfers |
|
102 |
(2) |
46 |
2 |
Exchange differences |
|
(43) |
(44) |
(28) |
− |
Balance as of March 31 |
|
15,305 |
57,412 |
4,192 |
872 |
Amortization and depreciation |
|
|
|
|
|
Balance as of January 1 |
|
3,096 |
37,961 |
− |
194 |
Additions |
|
147 |
583 |
− |
− |
Disposals |
|
(127) |
(449) |
− |
− |
Transfers |
|
− |
1 |
− |
− |
Exchange differences |
|
(19) |
(14) |
− |
− |
Balance as of March 31 |
|
3,097 |
38,082 |
− |
194 |
Net carrying amount as of March 31 |
|
12,208 |
19,330 |
4,192 |
678 |
Significant investments in the first quarter of 2015 were particularly related to the construction of the TDI plant in Ludwigshafen, Germany; a production complex for acrylic acid and superabsorbents in Camaçari, Brazil; the aroma ingredients complex in Kuantan, Malaysia; and oil and gas production facilities and wells in Europe and South America. Investments for expansion purposes were particularly made at the sites in Ludwigshafen, Germany; Freeport, Texas; Geismar, Louisiana; and Antwerp, Belgium.
Exchange differences resulted particularly from the appreciation of the U.S. dollar relative to the euro.