|
12. |
Property and equipment |
|
|
|
Property
and
equipment |
|
|
Leasehold
improvements |
|
|
Total |
|
|
|
|
(in € millions) |
|
|
Cost |
|
|
|
|
|
|
|
|
|
|
|
|
|
At January 1, 2017 |
|
|
111 |
|
|
|
51 |
|
|
|
162 |
|
|
Additions |
|
|
10 |
|
|
|
29 |
|
|
|
39 |
|
|
Disposals |
|
|
(11 |
) |
|
|
(2 |
) |
|
|
(13 |
) |
|
Exchange differences |
|
|
(5 |
) |
|
|
(5 |
) |
|
|
(10 |
) |
|
At December 31, 2017 |
|
|
105 |
|
|
|
73 |
|
|
|
178 |
|
|
Additions |
|
|
3 |
|
|
|
142 |
|
|
|
145 |
|
|
Disposals |
|
|
(46 |
) |
|
|
(1 |
) |
|
|
(47 |
) |
|
Exchange differences |
|
|
(1 |
) |
|
|
2 |
|
|
|
1 |
|
|
At December 31, 2018 |
|
|
61 |
|
|
|
216 |
|
|
|
277 |
|
|
Accumulated depreciation |
|
|
|
|
|
|
|
|
|
|
|
|
|
At January 1, 2017 |
|
|
(62 |
) |
|
|
(15 |
) |
|
|
(77 |
) |
|
Depreciation charge |
|
|
(37 |
) |
|
|
(9 |
) |
|
|
(46 |
) |
|
Disposals |
|
|
11 |
|
|
|
2 |
|
|
|
13 |
|
|
Exchange differences |
|
|
4 |
|
|
|
1 |
|
|
|
5 |
|
|
At December 31, 2017 |
|
|
(84 |
) |
|
|
(21 |
) |
|
|
(105 |
) |
|
Depreciation charge |
|
|
(12 |
) |
|
|
(9 |
) |
|
|
(21 |
) |
|
Disposals |
|
|
45 |
|
|
|
— |
|
|
|
45 |
|
|
Exchange differences |
|
|
1 |
|
|
|
— |
|
|
|
1 |
|
|
At December 31, 2018 |
|
|
(50 |
) |
|
|
(30 |
) |
|
|
(80 |
) |
|
Cost, net accumulated depreciation |
|
|
|
|
|
|
|
|
|
|
|
|
|
At December 31, 2017 |
|
|
21 |
|
|
|
52 |
|
|
|
73 |
|
|
At December 31, 2018 |
|
|
11 |
|
|
|
186 |
|
|
|
197 |
|
In 2017, the Group shortened the useful life of certain equipment due to a planned transition to the cloud and recorded accelerated depreciation of €11 million. The Group had no such charges in 2018.
The Group had €113 million and €10 million of leasehold improvements that were not placed into service as of December 31, 2018 and December 31, 2017, respectively.
|