2 Property, plant and equipment

Property, plant and equipment

 
Euro 000s Land, leasehold rights and buildings, including buildings on third-party land Technical equipment and machinery Other assets, plant and office equipment Advance payments and construction in progress Total  
Gross value at 1.10.2007 720 905  3 220 599  217 982 96 446 4 255 932  
Change in scope of consolidation  – 35 393  – 23 275  – 1 281  – 1 387  – 61 336 
Currency adjustments 13 938  11 136  338 377 25 789 
Investments 8 840  49 733  11 938 132 430 202 941 
Subsidy payments received 12  12 113  18 — 12 143 
Disposals 21 658  25 955  19 930 365 67 908 
Reclassifications 11 061  42 133  4 710 – 59 105  – 1 201 
Gross value at 30.9.2008 697 681  3 262 258  213 739 168 396 4 342 074  
Depreciation at 1.10.2007 304 413 1 864 091  151 272 253 2 320 029  
Change in scope of consolidation – 14 495  – 12 670  – 972  — – 28 137 
Currency adjustments 4 287  6 556  262 30 11 135 
Scheduled depreciation 16 111  100 877  11 881 —  128 869 
Extraordinary depreciation 3 071 1 772 395 10 5 248 
Disposals 14 706 18 644 17 375 —  50 725 
Reclassifications —  171 —  —  171 
Depreciation at 30.9.2008 298 681 1 942 153  145 463 293 2 386 590  
            
Net value at 30.9.2008 399 000 1 320 105  68 276 168 103 1 955 484  
            
Gross value at 1.10.2008 697 681 3 262 258  213 739 168 396 4 342 074  
Change in scope of consolidation 1 847 11 494 888 15 403 29 632 
Currency adjustments – 1 700 – 1 277 – 15 152 – 2 840 
Investments 9 648 55 639 7 322 143 360 215 969 
Subsidy payments received 6 11 552 3 1 071 12 632 
Disposals 7 347 48 134 11 033 537 67 051 
Reclassifications 20 105 106 022 – 1 241 – 128 005 – 3 119 
Gross value at 30.9.2009 720 228 3 374 450  209 657 197 698 4 502 033  
Depreciation at 1.10.2008 298 681 1 942 153  145 463 293 2 386 590  
Change in scope of consolidation 497 7 717 609 — 8 823 
Currency adjustments – 468 – 736 — – 19 – 1 223 
Scheduled depreciation 15 061 104 505 9 198 — 128 764 
Extraordinary depreciation 5 988 25 981 145 — 32 114 
Disposals 3 802 33 796 10 307 282 48 187 
Reclassifications – 27 995 – 1 468 8 – 492 
Depreciation at 30.9.2009 315 930 2 046 819  143 640 — 2 506 389  
            
Net value at 30.9.2009 404 298 1 327 631  66 017 197 698 1 995 644  

The majority of extraordinary depreciation involved asset impairments due to the restructuring measures implemented at the energy-related services subgroup
(Euro 31 110 thousand). Other extraordinary depreciation mainly involved impairments of land and buildings, technical equipment, machinery, plant and office equipment. This was due to adjustments to prevailing market conditions or to a reduction in the earnings expected from future use.

Rented or leased items of property, plant and equipment in which economic ownership was attributable to the MVV Energie Group as a result of the relevant contractual terms were of immaterial significance in the 2008/09 financial year.

Property, plant and equipment up to an equivalent value of Euro 81 million have been provided as security for financial liabilities (previous year: Euro 82 million). This mainly involves land and buildings.