Note 37 Property, plant and equipment

€ million

Land and buildings

Other plant and equipment

Assets under construction

Total

Historical cost

150

345

73

568

Accumulated depreciation and impairments

-80

-245

-

-325

     

Carrying amount as at 1 January 2015

70

100

73

243

     

Movements 2015

    

Investments

-

17

61

78

Divestments

-2

-5

-

-7

Depreciation

-5

-50

-

-55

Reclassifications, transfers and other movements

68

44

-118

-6

     

Total

61

6

-57

10

     

Carrying amount as at 31 December 2015

    

Historical cost

196

365

16

577

Accumulated depreciation and impairments

-65

-259

-

-324

     

Carrying amount as at 31 December 2015

131

106

16

253

     

Movements 2016

    

Investments

-

19

65

84

Divestments

-

-

-

-

Depreciation

-8

-55

-

-63

Reclassifications, transfers and other movements

9

28

-37

-

     

Total

1

-8

28

21

     

Carrying amount as at 31 December 2016

    

Historical cost

205

411

44

660

Accumulated depreciation and impairments

-73

-313

-

-386

     

Carrying amount as at 31 December 2016

132

98

44

274

Investments

Capital expenditure on property, plant and equipment totalled €84 million (2015: €78 million). This relates mainly to the redevelopment of the site in Arnhem and investment in hardware and software.