76. Property and Equipment
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About this
Report
Chairman's
Foreword
Corporate
Management Report Appendices Governance
Consolidated Financial Company Financial
Statements Statements
Amounts in millions of euros
Land andr.
Equipment
buildings
Operating
lease
assets
Total
Year ended December 312018
Opening balance
1,546
387
2,654
4,587
Foreign exchange differences
5
36
41
Purchases
35
87
1,152
1,274
Disposals
(9)
(10)
(435)
(454)
Transfers to held for sale
(91)
(91)
Impairments
(85)
(2)
(87)
Reversal impairments
45
45
Depreciation
(95)
(149)
(244)
Depreciation of operating lease assets
(594)
(594)
Other
(8)
(1)
(13)
(22)
Closing balance as per December
31
1,343
312
2,800
4,455
Cost
2,628
1,137
4,091
7,856
Accumulated depreciation and
impairments
(1,285)
(825)
(1,291)
(3,401)
Net carrying amount as per
December 31
1,343
312
2,800
4,455
Year ended December 312017
Cost
3,140
1,314
3,532
7,986
Accumulated depreciation and
impairments
(1,413)
(863)
(1,120)
(3,396)
Net carrying amount as January 1
1,727
451
2,412
4,590
Opening balance
1,727
451
2,412
4,590
Foreign exchange differences
(16)
(9)
(196)
(221)
Purchases
68
91
1,087
1,246
Disposals
(73)
(15)
(165)
(253)
Impairments
(91)
(91)
Reversal impairments
42
1
43
Depreciation
(110)
(128)
(238)
Depreciation of operating lease assets
(528)
(528)
Other
(1)
(4)
44
39
Closing balance as per December
31
1,546
387
2,654
4,587
Cost
2,912
1,239
3,816
7,967
Accumulated depreciation and
impairments
(1,366)
(852)
(1,162)
(3,380)
Net carrying amount as per
December 31
1,546
387
2,654
4,587
The impairments and reversal impairments recognized per
December 31,2018 relate to property for own use in segment
Domestic Retail Banking. Vacancy of property as a result of the
restructuring (decreasing usage of square meters) triggered
impairments calculations and resulted in impairments for a total
amount of EUR 85 million (2017: EUR 91 million). Because of
increasing use of properties impairments were reversed for an
amount of EUR 45 million (2017: EUR 42 million).
Annual Report 2018 - Consolidated Financial Statements
189
