11 – Noncurrent assets
Development January – September 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 |
|
208 |
4,149 |
829 |
32 |
Disposals |
|
(397) |
(4,628) |
(127) |
(41) |
Transfers |
|
(270) |
(925) |
499 |
15 |
Exchange differences |
|
572 |
1,299 |
72 |
14 |
Balance as of September 30 |
|
16,438 |
64,309 |
4,543 |
767 |
Amortization and depreciation |
|
|
|
|
|
Balance as of January 1 |
|
3,358 |
40,918 |
25 |
207 |
Additions |
|
489 |
2,344 |
– |
10 |
Disposals |
|
(183) |
(3,327) |
(25) |
(3) |
Transfers |
|
(35) |
(189) |
– |
(9) |
Exchange differences |
|
91 |
785 |
– |
– |
Balance as of September 30 |
|
3,720 |
40,531 |
0 |
205 |
Net carrying amount as of September 30 |
|
12,718 |
23,778 |
4,543 |
562 |
Development January – September 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 |
|
117 |
3,437 |
24 |
181 |
Disposals |
|
(246) |
(849) |
– |
(24) |
Transfers |
|
77 |
23 |
(806) |
33 |
Exchange differences |
|
543 |
1,810 |
89 |
10 |
Balance as of September 30 |
|
15,911 |
61,611 |
3,481 |
1,037 |
Amortization and depreciation |
|
|
|
|
|
Balance as of January 1 |
|
3,096 |
37,961 |
– |
194 |
Additions |
|
441 |
1,833 |
– |
2 |
Disposals |
|
(172) |
(618) |
– |
(13) |
Transfers |
|
15 |
18 |
– |
30 |
Exchange differences |
|
58 |
1,005 |
– |
– |
Balance as of September 30 |
|
3,438 |
40,199 |
– |
213 |
Net carrying amount as of September 30 |
|
12,473 |
21,412 |
3,481 |
824 |
Significant investments in the first three quarters of 2015 were particularly related to the construction of the TDI complex 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.
Depreciation of property, plant and equipment in the first three quarters of 2015 included impairments of €124 million, particularly in connection with a project for developing a gas field in Norway in the Oil & Gas segment.
The amounts booked under transfers resulted primarily from the reclassification of intangible assets and property, plant and equipment to assets of disposal groups. Transfers under investments accounted for using the equity method resulted predominantly from the reclassification of Wintershall Noordzee B.V., Rijswijk, Netherlands, in the Oil & Gas segment from a fully consolidated company to a joint venture.
Disposals of property, plant and equipment and intangible assets were mostly attributable to the asset swap with Gazprom.
Exchange differences arose particularly from the appreciation of the U.S. dollar relative to the euro.