(9) Property, Plant and Equipment


Changes in property, plant and equipment were as follows:

 

 

 

 

 

 

 

€k

 

Land, buildings
and other
equivalent
rights

Plant and
machinery

Other
fixed assets
and office
equipment

Products
leased
to customers

Equipment
under
construction

Total

Cost of acquisition or production

 

 

 

 

 

 

Balance as of October 1, 2006

45,920

52,074

162,161

5,267

3,708

269,130

Currency translation

–1,080

–907

–3,440

–49

–83

–5,559

Changes in consolidation group

0

0

0

0

0

0

Additions

3,229

1,956

32,596

1,407

7,543

46,731

Transfers

1,312

300

1,854

0

–3,194

272

Disposals

–64

–957

–16,903

–4,722

0

–22,646

Balance as of September 30, 2007/ October 1, 2007

49,317

52,466

176,268

1,903

7,974

287,928

Currency translation

–81

125

–487

41

–5

–407

Changes in consolidation group

172

0

12,953

0

0

13,125

Additions

3,014

6,698

34,408

4,207

12,137

60,464

Transfers

397

4,517

2,899

0

–7,836

–23

Disposals

–204

–4,247

–23,225

–64

–5

–27,745

Balance as of September 30, 2008

52,615

59,559

202,816

6,087

12,265

333,342

 

 

 

 

 

 

 

Depreciation

 

 

 

 

 

 

Balance as of October 1, 2006

12,474

39,260

108,099

5,231

0

165,064

Currency translation

–433

–728

–3,052

–53

0

–4,266

Changes in consolidation group

0

0

0

0

0

0

Depreciation for the fiscal year

1,952

2,748

28,502

181

0

33,383

Impairment

0

0

0

0

0

0

Transfers

214

2

–153

0

0

63

Disposals

–27

–934

–15,656

–4,710

0

–21,327

Balance as of September 30, 2007/ October 1, 2007

14,180

40,348

117,740

649

0

172,917

Currency translation

–17

76

–382

–1

0

–324

Changes in consolidation group

58

0

7,893

0

0

7,951

Depreciation for the fiscal year

2,184

2,925

30,591

728

0

36,428

Impairment

6

0

0

0

0

6

Transfers

0

2

–6

0

0

–4

Disposals

–146

–4,220

–22,117

–8

0

–26,491

Balance as of September 30, 2008

16,265

39,131

133,719

1,368

0

190,483

Carrying amount as of
September 30, 2008

36,350

20,428

69,097

4,719

12,265

142,859

Carrying amount as of
September 30, 2007

35,137

12,118

58,528

1,254

7,974

115,011

Additions to property, plant and equipment are valued at €60,464k (2006/2007: €46,731k), with large individual elements of this being other fixed assets and office equipment at €34,408k (essentially IT equipment), plant and machinery at €6,698k and equipment under construction at €12,137k, mainly the result of specialist tools.

The depreciation inclusive of impairment losses of €36,434k (2006/2007: €33,383k) is included in the Group income statement under the various functional cost headings.

The leasing of banking machines essentially corresponds to operating leases as defined by IAS 17. The minimum lease periods are between three and ten years, with extension options in existence under identical terms. The future minimum lease payments under non-redeemable lease agreements are as follows:

 

 

€k

 

Sept. 30, 2008

Sept. 30, 2007

Residual term up to 1 year

1,623

352

Residual term between 1 and 5 years

5,255

946

Residual term more than 5 years

3,124

287

 

10,002

1,585

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