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4.1 CONSOLIDATED FINANCIAL STATEMENTS AND NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Note 5. Information concerning the Group's operating activities
DANONE
REGISTRATION DOCUMENT 2015
98
Carrying amount and change during the period
2014
2015
(in € millions)
Land and
buildings
Machinery and
equipment
Others and
assets in
progress
Total
Land and
buildings
Machinery and
equipment
Others and
assets in
progress
Total
Gross amount
As of January 1
2,281
5,502
1,708
9,491
2,443
5,787
1,762
9,992
Capital expenditure
(a)
87
145
689
921
60
137
672
869
Disposals
(55)
(194)
(88)
(338)
(45)
(203)
(98)
(346)
Reclassification
of assets held for sale
−
6
(1)
5
(60)
(24)
(8)
(92)
Changes in
consolidation scope
24
(1)
(2)
21
35
35
13
84
Translation adjustments
(15)
(28)
(15)
(57)
(1)
(104)
(42)
(147)
Other
(b)
121
358
(529)
(50)
109
364
(382)
92
As of December 31
2,443
5,787
1,762
9,992
2,541
5,994
1,917
10,452
Depreciation
As of January 1
(997)
(3,472)
(688)
(5,156)
(1,018)
(3,539)
(852)
(5,410)
Depreciation charges
and impairment
(101)
(398)
(141)
(640)
(115)
(461)
(126)
(703)
Disposals
41
162
77
280
35
167
85
287
Reclassification
of assets held for sale
1
3
−
4
45
23
8
75
Changes in
consolidation scope
1
16
−
17
(1)
(3)
(1)
(4)
Translation adjustments
1
18
(8)
11
(6)
54
16
64
Other
36
132
(93)
74
2
22
(34)
(10)
As of December 31
(1,018)
(3,539)
(852)
(5,410)
(1,058)
(3,737)
(904)
(5,700)
Carrying amount
As of December 31
1,425
2,248
910
4,582
1,483
2,257
1,013
4,752
Including assets in progress
565
565
668
668
(a) Excluding property, plant and equipment acquired under finance leases and presented under the Other heading.
(b) Comprises mainly property, plant and equipment acquired under finance leases.
Impairment review of property, plant and equipment
Property, plant and equipment are reviewed for impairment when
events or circumstances indicate that the recoverable amount of
the asset (or group of assets to which it belongs) may be impaired:
•
the recoverable amount corresponds to the higher of the market
value and value in use;
•
value in use is estimated on the basis of the discounted cash flows
that the asset (or group of assets to which it belongs) is expected
to generate over its estimated useful life in the conditions of use
determined by the Group;
•
market value corresponds to the estimated net selling price that
could be obtained by the Group in an arm's length transaction.
An impairment provision is recognized when the recoverable amount
of the asset proves to be lower than its carrying amount.