Notes to the balance sheet |
|
Note 12. Intangible assets |
|
€ million |
2017 |
2016 |
Intangible rights |
|
|
Acquisition cost as at 1 Jan. |
15.3 |
9.5 |
Increases |
0.7 |
2.9 |
Transferred in mergers |
15.5 |
2.9 |
Decreases |
-11.5 |
-0.0 |
Transfers between items |
6.1 |
0.1 |
Acquisition cost as at 31 Dec. |
26.2 |
15.3 |
Accumulated depreciation as at 1 Jan. |
-7.6 |
-3.2 |
Transferred in mergers |
-11.8 |
-2.0 |
Accumulated depreciation on decreases and transfers |
11.4 |
-0.0 |
Depreciation and amortisations for the financial year |
-5.1 |
-2.4 |
Accumulated depreciation as at 31 Dec. |
-13.2 |
-7.6 |
Book value as at 31 Dec. |
13.0 |
7.7 |
|
|
|
Other intangible assets |
|
|
Acquisition cost as at 1 Jan. |
83.5 |
20.2 |
Increases |
35.9 |
1.6 |
Transferred in mergers |
188.3 |
66.5 |
Decreases |
-64.2 |
-5.4 |
Transfers between items |
7.3 |
0.6 |
Acquisition cost as at 31 Dec. |
250.8 |
83.5 |
Accumulated depreciation as at 1 Jan. |
-67.8 |
-13.4 |
Transferred in mergers |
-114.3 |
-56.4 |
Accumulated depreciation on decreases and transfers |
63.2 |
4.7 |
Depreciation and amortisations for the financial year |
-20.1 |
-2.7 |
Accumulated depreciation as at 31 Dec. |
-139.0 |
-67.8 |
Book value as at 31 Dec. |
111.9 |
15.7 |
|
|
|
Prepayments |
|
|
Acquisition cost as at 1 Jan. |
8.3 |
1.3 |
Increases |
13.0 |
7.1 |
Transferred in mergers |
5.9 |
0.7 |
Decreases |
-0.1 |
-0.1 |
Transfers between items |
-11.1 |
-0.7 |
Acquisition cost as at 31 Dec. |
16.0 |
8.3 |
Book value as at 31 Dec. |
16.0 |
8.3 |
|
Note 13. Property, plant and equipment |
|
€ million |
2017 |
2016 |
Land and waters, owned |
|
|
Acquisition cost as at 1 Jan. |
85.9 |
77.9 |
Increases |
4.4 |
5.1 |
Transferred in mergers |
79.5 |
8.8 |
Decreases |
-2.9 |
-5.9 |
Transfers between items |
2.1 |
- |
Acquisition cost as at 31 Dec. |
168.8 |
85.9 |
Book value as at 31 Dec. |
168.8 |
85.9 |
|
|
|
Land and waters, leasehold interests |
|
|
Acquisition cost as at 1 Jan. |
0.1 |
- |
Increases |
0.4 |
- |
Transferred in mergers |
1.1 |
0.1 |
Decreases |
0.0 |
- |
Acquisition cost as at 31 Dec. |
1.5 |
0.1 |
Book value as at 31 Dec. |
1.5 |
0.1 |
|
|
|
|
|
|
Buildings |
|
|
Acquisition cost as at 1 Jan. |
316.4 |
262.1 |
Increases |
67.5 |
8.1 |
Transferred in mergers |
165.4 |
53.5 |
Decreases |
-2.1 |
-8.6 |
Transfers between items |
15.9 |
1.3 |
Acquisition cost as at 31 Dec. |
563.2 |
316.4 |
|
|
|
Accumulated depreciation as at 1 Jan. |
-154.7 |
-141.1 |
Transferred in mergers |
-49.1 |
-10.8 |
Accumulated depreciation on decreases and transfers |
0.9 |
7.8 |
Depreciation for the financial year |
-16.3 |
-10.6 |
Accumulated depreciation as at 31 Dec. |
-219.1 |
-154.7 |
Book value as at 31 Dec. |
344.0 |
161.7 |
|
|
|
Machinery and equipment |
|
|
Acquisition cost as at 1 Jan. |
51.0 |
11.8 |
Increases |
25.9 |
1.9 |
Transferred in mergers |
220.8 |
45.5 |
Decreases |
-34.4 |
-10.4 |
Transfers between items |
2.2 |
2.2 |
Acquisition cost as at 31 Dec. |
265.4 |
51.0 |
|
|
|
Accumulated depreciation as at 1 Jan. |
-39.0 |
-10.3 |
Transferred in mergers |
-174.8 |
-32.7 |
Accumulated depreciation on decreases and transfers |
33.3 |
5.8 |
Depreciation for the financial year |
-19.3 |
-1.8 |
Accumulated depreciation as at 31 Dec. |
-199.8 |
-39.0 |
Book value as at 31 Dec. |
65.6 |
12.0 |
|
|
|
|
|
|
Other tangible assets |
|
|
Acquisition cost as at 1 Jan. |
9.5 |
3.0 |
Increases |
0.5 |
- |
Transferred in mergers |
7.1 |
6.7 |
Decreases |
-0.0 |
-0.2 |
Transfers between items |
0.8 |
- |
Acquisition cost as at 31 Dec. |
18.0 |
9.5 |
Accumulated depreciation as at 1 Jan. |
-4.3 |
-2.3 |
Transferred in mergers |
-4.2 |
-1.8 |
Accumulated depreciation on decreases and transfers |
0.0 |
0.2 |
Depreciation for the financial year |
-1.5 |
-0.4 |
Accumulated depreciation as at 31 Dec. |
-10.0 |
-4.3 |
Book value as at 31 Dec. |
8.0 |
5.2 |
|
|
|
Prepayments and construction in progress |
|
|
Acquisition cost as at 1 Jan. |
9.3 |
3.9 |
Increases |
6.2 |
4.1 |
Transferred in mergers |
35.9 |
5.0 |
Decreases |
-6.8 |
-0.3 |
Transfers between items |
-23.2 |
-3.5 |
Acquisition cost as at 31 Dec. |
21.3 |
9.3 |
Book value as at 31 Dec. |
21.3 |
9.3 |
|
Note 14. Investments |
|
€ million |
2017 |
2016 |
Investments in subsidiaries |
|
|
Acquisition cost as at 1 Jan. |
835.1 |
244.7 |
Increases |
38.0 |
280.9 |
Transferred in mergers |
146.9 |
444.0 |
Decreases |
-53.3 |
-134.4 |
Acquisition cost as at 31 Dec. |
966.8 |
835.1 |
|
|
|
Impairment as at 1 Jan. |
-29.3 |
-54.3 |
Transferred in mergers |
-63.0 |
- |
Accumulated impairments on decreases |
28.1 |
27.8 |
Impairment for the period |
-96.6 |
-2.8 |
Impairment as at 31 Dec. |
-160.8 |
-29.3 |
Book value as at 31 Dec. |
806.0 |
805.8 |
|
|
|
Investments in associates |
|
|
Acquisition cost as at 1 Jan. |
78.3 |
78.3 |
Increases |
1.7 |
- |
Transferred in mergers |
4.5 |
- |
Decreases |
-0.5 |
- |
Book value as at 31 Dec. |
84.0 |
78.3 |
|
|
|
Other investments |
|
|
Acquisition cost as at 1 Jan. |
10.2 |
10.4 |
Increases |
0.1 |
1.0 |
Transferred in mergers |
7.4 |
0.2 |
Decreases |
-2.6 |
-1.3 |
Acquisition cost as at 31 Dec. |
15.2 |
10.2 |
|
|
|
Impairment for the period |
-0.3 |
-2.6 |
Impairment as at 31 Dec. |
-0.3 |
-2.6 |
Book value as at 31 Dec. |
14.8 |
7.6 |
|
An analysis of Kesko Corporation's ownership interests in other companies as at 31 December 2017 is presented in the notes to the consolidated financial statements. |