11 – Noncurrent assets
Development 1st Half 2015 (million €) |
|||||
|---|---|---|---|---|---|
|
|
Intangible assets |
Property, plant and equipment |
Equity-accounted investments |
Other financial assets |
Acquisition costs |
|
|
|
|
|
Balance as of January 1 |
|
16,325 |
64,414 |
3,270 |
747 |
Additions |
|
172 |
2,688 |
45 |
16 |
Disposals |
|
(43) |
(627) |
(5) |
(27) |
Transfers |
|
(269) |
(929) |
63 |
15 |
Exchange differences |
|
876 |
1,959 |
110 |
18 |
Balance as of June 30 |
|
17,061 |
67,505 |
3,483 |
769 |
Amortization and depreciation |
|
|
|
|
|
Balance as of January 1 |
|
3,358 |
40,918 |
25 |
207 |
Additions |
|
340 |
1,510 |
− |
9 |
Disposals |
|
(42) |
(598) |
− |
(8) |
Transfers |
|
(35) |
(189) |
− |
(11) |
Exchange differences |
|
168 |
1,015 |
− |
1 |
Balance as of June 30 |
|
3,789 |
42,656 |
25 |
198 |
Net carrying amount as of June 30 |
|
13,272 |
24,849 |
3,458 |
571 |
Development 1st Half 2014 (million €) |
|||||
|---|---|---|---|---|---|
|
|
Intangible assets |
Property, plant and equipment |
Equity-accounted investments |
Other financial assets |
Acquisition costs |
|
|
|
|
|
Balance as of January 1 |
|
15,420 |
57,190 |
4,174 |
837 |
Additions |
|
44 |
2,112 |
12 |
166 |
Disposals |
|
(243) |
(749) |
− |
(10) |
Transfers |
|
37 |
2 |
(768) |
(3) |
Exchange differences |
|
88 |
278 |
(2) |
1 |
Balance as of June 30 |
|
15,346 |
58,833 |
3,416 |
991 |
Amortization and depreciation |
|
|
|
|
|
Balance as of January 1 |
|
3,096 |
37,961 |
− |
194 |
Additions |
|
295 |
1,207 |
− |
− |
Disposals |
|
(169) |
(524) |
− |
(5) |
Transfers |
|
− |
1 |
− |
− |
Exchange differences |
|
7 |
148 |
− |
− |
Balance as of June 30 |
|
3,229 |
38,793 |
− |
189 |
Net carrying amount as of June 30 |
|
12,117 |
20,040 |
3,416 |
802 |
Significant investments in the first half of 2015 were particularly related to the construction of the TDI plant in Ludwigshafen, Germany; the aroma ingredients complex in Kuantan, Malaysia; the production complex for acrylic acid and superabsorbents in Camaçari, Brazil; 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.
The amounts booked under transfers resulted primarily from the reclassification of intangible assets and property, plant and equipment to assets of disposal groups.
Disposals of property, plant and equipment were predominantly attributable to the derecognition of fully written-down property, plant and equipment in the Oil & Gas segment.
Exchange differences resulted particularly from the appreciation of the U.S. dollar relative to the euro.