8. Property, Plant and Equipment
Delhaize Group Annual Report 2014 105
(in millions of
Land and
Buildings
Leasehold
Improve
ments
Furniture,
Fixtures,
Equipment
and
Vehicles
Construction
in Progress
and Advance
Payments
Property
under
Finance
Leases
Total
Property,
Plant and
Equipment
Cost at January 1, 2014
2 579
1 732
3 269
61
716
8 357
Additions
79
55
240
152
37
563
Sales and disposals
(51)
(21)
(188)
(26)
(286)
Acquisitions through business combinations
2
2
4
Transfers (to) from other accounts
86
51
34
(170)
1
2
Currency translation effect
158
158
289
1
83
689
Classified as held for sale
(129)
(77)
(75)
(1)
(53)
(335)
Cost at December 31, 2014
2 724
1 898
3 571
43
758
8 994
Accumulated depreciation at January 1, 2014
(837)
(1 084)
(2 022)
(371)
(4 314)
Accumulated impairment at January 1, 2014
(20)
(10)
(36)
(1)
(3)
(70)
Depreciation expense
(90)
(119)
(250)
(41)
(500)
Impairment losses
(9)
(3)
(14)
(26)
Sales and disposals
33
20
170
24
247
Transfers to (from) other accounts
(2)
1
(1)
(2)
Currency translation effect
(71)
(112)
(196)
1
(47)
(425)
Classified as held for sale
28
27
42
14
111
Accumulated depreciation at December 31, 2014
(949)
(1 273)
(2 277)
(422)
(4 921)
Accumulated impairment at December 31, 2014
(19)
(8)
(28)
(3)
(58)
Net carrying amount at December 31, 2014
1 756
617
1 266
43
333
4 015
(in millions of
Land and
Buildings
Leasehold
Improve
ments
Furniture,
Fixtures,
Equipment
and
Vehicles
Construction
in Progress
and Advance
Payments
Property
under
Finance
Leases
Total
Property,
Plant and
Equipment
Cost at January 1, 2013
2 586
1 914
3 602
42
856
9 000
Additions
76
71
216
123
12
498
Sales and disposals
(17)
(88)
(232)
(39)
(376)
Acquisitions through business combinations
2
3
5
Transfers (to) from other accounts
43
26
20
(103)
(20)
(34)
Currency translation effect
(61)
(58)
(109)
(1)
(31)
(260)
Classified as held for sale
(48)
(135)
(231)
(62)
(476)
Cost at December 31, 2013
2 579
1 732
3 269
61
716
8 357
Accumulated depreciation at January 1, 2013
(800)
(1 156)
(2 194)
(407)
(4 557)
Accumulated impairment at January 1, 2013
(26)
(29)
(53)
(1)
(20)
(129)
Depreciation expense
(88)
(122)
(255)
(43)
(508)
Impairment losses
(2)
(5)
(7)
(3)
(17)
Sales and disposals
15
86
213
39
353
Transfers to (from) other accounts
1
4
18
23
Currency translation effect
24
39
73
16
152
Classified as held for sale
20
92
161
26
299
Accumulated depreciation at December 31, 2013
(837)
(1 084)
(2 022)
(371)
(4 314)
Accumulated impairment at December 31, 2013
(20)
(10)
(36)
(1)
(3)
(70)
Net carrying amount at December 31, 2013
1 722
638
1 211
60
342
3 973
