11 – Noncurrent assets
|
|
Intangible assets |
Property, plant and equipment |
||
|---|---|---|---|---|---|
|
|
2016 |
2015 |
2016 |
2015 |
Acquisition costs |
|
|
|
|
|
Balance as of January 1 |
|
16,373 |
16,325 |
67,234 |
64,414 |
Additions |
|
44 |
172 |
1,922 |
2,688 |
Disposals |
|
(363) |
(43) |
(440) |
(627) |
Transfers |
|
(5) |
(269) |
3 |
(929) |
Exchange differences |
|
18 |
876 |
(296) |
1,959 |
Balance as of June 30 |
|
16,067 |
17,061 |
68,423 |
67,505 |
Amortization and depreciation |
|
|
|
|
|
Balance as of January 1 |
|
3,836 |
3,358 |
41,974 |
40,918 |
Additions |
|
299 |
340 |
1,719 |
1,510 |
Disposals |
|
(295) |
(42) |
(347) |
(598) |
Transfers |
|
− |
(35) |
(1) |
(189) |
Exchange differences |
|
21 |
168 |
(202) |
1,015 |
Balance as of June 30 |
|
3,861 |
3,789 |
43,143 |
42,656 |
Net carrying amount as of June 30 |
|
12,206 |
13,272 |
25,280 |
24,849 |
Significant investments in the first half of 2016 especially pertained to the construction of the aroma ingredients complex in Kuantan, Malaysia, and of oil and gas production facilities and wells in Europe and South America, as well as the expansion of the Dicamba plant in Beaumont, Texas. Investments were particularly made at the sites in Ludwigshafen, Germany; Freeport, Texas; Geismar, Louisiana; and Kuantan, Malaysia.
Reductions in property, plant and equipment and intangible assets were mainly attributable to the derecognition of fully written off assets. Disposals were also related to the sale of the global polyolefin catalyst business to W. R. Grace & Co., Columbia, Maryland.
Exchange differences for property, plant and equipment arose to a large extent from the depreciation of the U.S. dollar and the Chinese renminbi relative to the euro. The appreciation of the Brazilian real had a counterbalancing effect.
|
|
2016 |
2015 |
|---|---|---|---|
Balance as of January 1 |
|
4,436 |
3,245 |
Additions |
|
40 |
45 |
Disposals |
|
(1) |
(5) |
Transfers |
|
(15) |
63 |
Exchange differences |
|
(6) |
110 |
Balance as of June 30 |
|
4,454 |
3,458 |
|
|
June 30, 2016 |
December 31, 2015 |
June 30, 2015 |
|---|---|---|---|---|
Other shareholdings |
|
424 |
420 |
484 |
Long-term securities |
|
112 |
106 |
87 |
Other financial assets |
|
536 |
526 |
571 |