Income Statement Disclosures


13. Depreciation, Amortisation and Impairments

Breakdown of Depreciation. Amortisation and Impairments
in million €20172016
Depreciation, amortisation and impairments1,079.5947.8
Depreciation of property, plant and equipment1,002.4874.3
Amortisation of intangible assets75.771.8
Depreciation of investment properties1.41.7
Impairments of property, plant and equipment31.531.9
Impairments of investment properties0.30.0
Goodwill impairments0.0137.0
Impairments of intangible assets0.039.8

Impairments of property, plant and equipment were recognised in respect of real estate and leasehold improvements in third-party buildings, as well as operating and office equipment.

The goodwill impairments in the previous year related to the CGU groups toom Baumarkt (79.9 million euros), Travel and Tourism Central Europe (50.0 million euros) and PENNY Italy (7.2 million euros).

The impairments of intangible assets in the previous year related primarily to software development projects.

The properties' value in use was determined based on property-based cash flow budgets and country-specific capital charges. Market-price-based processes and capital market valuation techniques were used to determine the fair values less costs to sell. The measurement included appraisals, knowledge from sale negotiations and other market assessments. As far as possible, the fair values were derived from prices directly or indirectly observed in the market. In all other cases, the fair values were determined on the basis of inputs that were not based on data observable in the market.