DSM Integrated Annual Report 2020

9 Property, plant and equipment

Composition of Property, plant and equipment

 

 

2020

 

2019

 

 

 

 

 

Property, plant and equipment owned

 

3,566

 

3,808

Right-of-use assets

 

208

 

232

Total

 

3,774

 

4,040

Property, plant and equipment owned

 

 

Land and buildings

 

Plant and machinery

 

Other equipment

 

Under construction

 

Not used for operating activities

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at 1 January 2019

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

2,104

 

4,618

 

226

 

689

 

12

 

7,649

Depreciation and impairments

 

952

 

3,030

 

170

 

1

 

6

 

4,159

Carrying amount at 1 January 2019

 

1,152

 

1,588

 

56

 

688

 

6

 

3,490

 

 

 

 

 

 

 

 

 

 

 

 

 

Changes in carrying amount:

 

 

 

 

 

 

 

 

 

 

 

 

- Capital expenditure

 

7

 

45

 

4

 

457

 

-

 

513

- Put into operation

 

82

 

401

 

15

 

(498)

 

-

 

-

- Acquisitions

 

48

 

77

 

2

 

12

 

-

 

139

- Disposals

 

(3)

 

-

 

-

 

-

 

-

 

(3)

- Depreciation

 

(75)

 

(255)

 

(17)

 

-

 

-

 

(347)

- Impairment losses

 

(18)

 

(10)

 

(1)

 

-

 

-

 

(29)

- Exchange differences

 

18

 

22

 

1

 

12

 

-

 

53

- Other changes

 

-

 

-

 

-

 

(8)

 

-

 

(8)

 

 

59

 

280

 

4

 

(25)

 

-

 

318

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at 31 December 2019

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

2,232

 

5,019

 

235

 

664

 

12

 

8,162

Depreciation and impairments

 

1,021

 

3,151

 

175

 

1

 

6

 

4,354

Carrying amount at 31 December 2019

 

1,211

 

1,868

 

60

 

663

 

6

 

3,808

 

 

 

 

 

 

 

 

 

 

 

 

 

Changes in carrying amount:

 

 

 

 

 

 

 

 

 

 

 

 

- Capital expenditure

 

10

 

58

 

5

 

386

 

-

 

459

- Put into operation

 

84

 

350

 

15

 

(449)

 

-

 

-

- Acquisitions

 

94

 

90

 

10

 

8

 

2

 

204

- Disposals

 

-

 

(1)

 

-

 

-

 

-

 

(1)

- Depreciation

 

(81)

 

(269)

 

(20)

 

-

 

-

 

(370)

- Impairment losses

 

(4)

 

(12)

 

(1)

 

(3)

 

-

 

(20)

- Exchange differences

 

(53)

 

(82)

 

(3)

 

(22)

 

-

 

(160)

- Reclassification to held for sale

 

(103)

 

(177)

 

(12)

 

(57)

 

-

 

(349)

- Other changes

 

(1)

 

(1)

 

-

 

(3)

 

-

 

(5)

 

 

(54)

 

(44)

 

(6)

 

(140)

 

2

 

(242)

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at 31 December 2020

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

2,098

 

4,781

 

192

 

527

 

8

 

7,606

Depreciation and impairments

 

941

 

2,957

 

138

 

4

 

-

 

4,040

Carrying amount

 

1,157

 

1,824

 

54

 

523

 

8

 

3,566

In 2020, impairment losses of €20 million (2019: €29 million) were recognized on Property, plant and equipment. See also Note 2 Alternative performance measures

Right-of-use assets

 

 

Land and buildings

 

Plant and machinery

 

Other equipment

 

Vehicles

 

Other

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at 1 January 2019

 

170

 

10

 

21

 

31

 

4

 

236

 

 

 

 

 

 

 

 

 

 

 

 

 

Changes in carrying amount:

 

 

 

 

 

 

 

 

 

 

 

 

New leases / terminations

 

12

 

-

 

15

 

13

 

(1)

 

39

Remeasurements

 

1

 

-

 

-

 

(2)

 

-

 

(1)

Acquisitions

 

7

 

-

 

-

 

1

 

-

 

8

Depreciation

 

(30)

 

(2)

 

(3)

 

(14)

 

(1)

 

(50)

 

 

(10)

 

(2)

 

12

 

(2)

 

(2)

 

(4)

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at 31 December 2019

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

189

 

9

 

35

 

42

 

3

 

278

Depreciation and impairments

 

(29)

 

(1)

 

(2)

 

(13)

 

(1)

 

(46)

Carrying amount at 31 December 2019

 

160

 

8

 

33

 

29

 

2

 

232

 

 

 

 

 

 

 

 

 

 

 

 

 

Changes in carrying amount:

 

 

 

 

 

 

 

 

 

 

 

 

New leases / terminations

 

10

 

-

 

-

 

11

 

-

 

21

Remeasurements

 

12

 

-

 

2

 

(1)

 

-

 

13

Acquisitions

 

8

 

-

 

-

 

1

 

-

 

9

Depreciation

 

(33)

 

(1)

 

(3)

 

(14)

 

-

 

(51)

Exchange rate differences

 

(9)

 

-

 

(1)

 

(2)

 

-

 

(12)

Reclassification to held for sale

 

(1)

 

-

 

-

 

(3)

 

-

 

(4)

 

 

(13)

 

(1)

 

(2)

 

(8)

 

-

 

(24)

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at 31 December 2020

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

199

 

9

 

37

 

39

 

3

 

287

Depreciation and impairments

 

(52)

 

(2)

 

(6)

 

(18)

 

(1)

 

(79)

Carrying amount

 

147

 

7

 

31

 

21

 

2

 

208

For the disclosures on the lease liabilities that correspond with the right-of-use assets, see Note 19 Borrowings.