LEGO-Group-Annual-Report-2017.pdf

Transfers 174 174 cost at 31 251 807 amortisation and

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Transfers (174) 174 Cost at 31 December 39 517 251 807 Amortisation and impairment losses at 1 January 187 176 363 Exchange rate adjustment to year-end rate 20 20 Amortisation for the year 60 13 73 Amortisation and impairment losses at 31 December 247 209 456 Carrying amount at 31 December 39 270 42 351 29 Notes The LEGO Group — Annual Report 2017
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Note 13. Property, plant and equipment 2017 (mDKK) Land, buildings and installations Plant and machinery Other fixtures and fittings, tools and equipment Fixed assets under construction Total Cost at 1 January 6,353 8,207 2,292 1,457 18,309 Exchange adjustment to year-end rate (100) 39 (116) (103) (280) Additions 178 474 80 762 1,494 Disposals (4) (194) (30) (228) Corrections 60 (398) (96) 3 (431) Transfers 13 340 380 (733) Cost at 31 December 6,500 8,468 2,510 1,386 18,864 Depreciation and impairment losses at 1 January 1,001 4,497 1,099 6,597 Exchange adjustment to year-end rate (11) 38 (57) (30) Depreciation for the year 184 891 220 1,295 Impairment losses for the year 100 100 Disposals (167) (26) (193) Corrections (44) (331) (56) (431) Transfers (30) 4 26 Depreciation and impairment losses at 31 December 1,200 4,932 1,206 7,338 Carrying amount at 31 December 5,300 3,536 1,304 1,386 11,526 Including assets under finance leases 9 9 Property, plant and equipment in general An obligation regarding the purchase of property, plant and equipment of DKK 980 million exists at 31 December 2017 (DKK 1,062 million at 31 December 2016). The LEGO Group has impaired tangible assets amounting to DKK 100 million in 2017. The impairment losses are due to changes in the timing of expansion of production facilities. Assets under finance leases Assets under finance leases consist of buildings. 30 Notes The LEGO Group — Annual Report 2017
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Note 14. Investments in associates 2016 (mDKK) Land, buildings and installations Plant and machinery Other fixtures and fittings, tools and equipment Fixed assets under construction Total Cost at 1 January 5,842 6,964 2,130 1,076 16,012 Exchange adjustment to year-end rate (176) (1) (24) (72) (273) Additions 112 903 214 1,679 2,908 Disposals (4) (250) (84) (338) Transfers 579 591 56 (1,226) Cost at 31 December 6,353 8,207 2,292 1,457 18,309 Depreciation and impairment losses at 1 January 826 3,931 954 5,711 Exchange adjustment to year-end rate (16) 2 1 (13) Depreciation for the year 192 805 225 1,222 Disposals (1) (241) (81) (323) Depreciation and impairment losses at 31 December 1,001 4,497 1,099 6,597 Carrying amount at 31 December 5,352 3,710 1,193 1,457 11,712 Including assets under finance leases 15 15 Investments in associates comprise of KABOOKI A/S, Denmark. The LEGO Group owns 19.8% of the share capital, and is considered to have significant influence in KABOOKI A/S as the LEGO Group is represented on the Board of Note 13 (continued) (mDKK) 2017 2016 Cost at 1 January 4 4 Cost at 31 December 4 4 Value adjustment at 1 January (1) (1) Value adjustment at 31 December (1) (1) Carrying amount at 31 December 3 3 Directors of KABOOKI A/S. The company is therefore classified as investment in associates.
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