13 Property, plant and equipment

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CHANGES IN PROPERTY, PLANT AND EQUIPMENT BETWEEN JANUARY 1 AND DECEMBER 31, 2011
€ million		Land, land rights and buildings, including buildings on third-party land*		Technical equipment and machinery		Other equipment, operating and office equipment		Payments on account and assets under construction		Total*
* Figures adjusted because of the updated purchase price allocation for MAN.
Cost Balance at Jan. 1, 2011		18,485		30,331		38,568		3,164		90,548
Foreign exchange differences		–106		–292		–165		–13		–576
Changes in consolidated Group		2,723		942		344		174		4,184
Additions		516		1,161		2,402		3,780		7,859
Transfers		491		834		1,068		–2,461		–68
Disposals		150		1,445		681		29		2,304
Balance at Dec. 31, 2011		21,959		31,531		41,537		4,616		99,643
Depreciation and impairment Balance at Jan. 1, 2011		9,151		23,366		32,128		55		64,701
Foreign exchange differences		–36		–208		–151		–2		–396
Changes in consolidated Group		9		1		12		–		22
Additions to cumulative depreciation		625		1,710		2,571		11		4,917
Additions to cumulative impairment losses		10		17		367		6		399
Transfers		14		–13		18		–19		–1
Disposals		64		1,103		640		1		1,807
Reversal of impairment losses		–		56		0		12		68
Balance at Dec. 31, 2011		9,710		23,714		34,305		39		67,767
Carrying amount at Dec. 31, 2011		12,249		7,818		7,232		4,577		31,876
of which assets leased under finance lease contracts Carrying amount at Dec. 31, 2011		190		69		7		–		266

Future finance lease payments due, and their present values, are shown in the following table:

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€ million		2012		2013 – 2016		from 2017		Total
Finance lease payments		88		241		232		562
Interest component of finance lease payments		44		86		89		220
Carrying amount/present value		44		156		143		343

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CHANGES IN PROPERTY, PLANT AND EQUIPMENT BETWEEN JANUARY 1 AND DECEMBER 31, 2012
€ million		Land, land rights and buildings, including buildings on third-party land*		Technical equipment and machinery		Other equipment, operating and office equipment		Payments on account and assets under construction		Total*
* Figures adjusted because of the updated purchase price allocation for MAN.
Cost Balance at Jan. 1, 2012		21,959		31,531		41,537		4,616		99,643
Foreign exchange differences		–48		–67		–242		–40		–397
Changes in consolidated Group		1,537		397		1,482		399		3,816
Additions		810		1,873		3,498		4,009		10,190
Transfers		559		753		1,894		–3,295		–89
Disposals		183		830		1,671		32		2,716
Balance at Dec. 31, 2012		24,633		33,657		46,499		5,657		110,446
Depreciation and impairment Balance at Jan. 1, 2012		9,710		23,714		34,305		39		67,767
Foreign exchange differences		–33		–42		–191		–2		–268
Changes in consolidated Group		18		5		11		–		34
Additions to cumulative depreciation		754		2,059		3,143		12		5,969
Additions to cumulative impairment losses		15		5		15		0		36
Transfers		–4		–560		570		–12		–6
Disposals		144		783		1,572		0		2,500
Reversal of impairment losses		–		3		0		6		9
Balance at Dec. 31, 2012		10,315		24,395		36,282		30		71,022
Carrying amount at Dec. 31, 2012		14,318		9,262		10,217		5,627		39,424
of which assets leased under finance lease contracts Carrying amount at Dec. 31, 2012		285		55		19		–		358

Options to purchase buildings and plant leased under the terms of finance leases exist in most cases, and are also expected to be exercised. Interest rates on the leases vary between 1.6% and 11.0% (previous year: between 2.1% and 11.0%), depending on the market and the date of inception of the lease.

Future finance lease payments due, and their present values, are shown in the following table:

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€ million		2013		2014 – 2017		from 2018		Total
Finance lease payments		49		178		270		497
Interest component of finance lease payments		13		38		27		78
Carrying amount/present value		36		140		243		419

For assets leased under operating leases, payments recognized in the income statement amounted to €1,164 million (previous year: €794 million). With respect to internally used assets, €1,024 million (previous year: €690 million) of this figure is attributable to minimum lease payments and €41 million (previous year: €7 million) to contingent lease payments. The payments of €99 million (previous year: €97 million) under subleases primarily relate to minimum lease payments.

Government grants of €418 million (previous year: €530 million) were deducted from the cost of property, plant and equipment, and noncash benefits received amounting to €4 million (previous year: €1 million) were not capitalized as the cost of assets.