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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.