Note 12 - Property, plant and equipment

All amounts in SEKm unless otherwise stated

Group Land and land improvements  Buildings Machinery and technical installations Other equipment Plants under construction Total 
Acquisition costs             
Opening balance, January 1, 2011 1,001 8,360 30,101 1,787 1,251 42,500
Acquired during the year 77 128 1,057 325 1,576 3,163
Acquisition of operations 224 268 288 38 119 937
Divestment of operations –26 –108 –25 –1 –160
Transfer of work in progress and advances 1 81 494 34 –610
Sales, scrapping, etc. –31 –209 –2,218 –211 –12 –2,681
Exchange–rate differences –19 –296 –587 –16 –41 –959
Closing balance, December 31, 2011 1,227 8,224 29,110 1,956 2,283 42,800
Acquired during the year 11 149 1,157 132 2,641 4,090
Acquisition of operations 26 161 187
Transfer of work in progress and advances 14 260 838 –50 –1,062
Sales, scrapping, etc. –35 –326 –565 –14 –4 –944
Exchange–rate differences –43 –254 –1,302 –79 –162 –1,840
Closing balance, December 31, 2012 1,200 8,214 29,238 1,945 3,696 44,293
             
Accumulated depreciation             
Opening balance, January 1, 2011 191 4,081 22,369 1,229 27,870
Depreciation for the year 8 214 2,008 190 2,420
Divestment of operations –73 –23 –1 –97
Transfer of work in progress and advances 2 9 –242 –1 232
Sales, scrapping, etc. –23 –213 –2,192 –183 –2,611
Impairment 3 64 67
Exchange–rate differences –4 –79 –366 –13 –462
Closing balance, December 31, 2011 174 3,942 21,618 1,221 232 27,187
Depreciation for the year 7 250 1,920 185 2,362
Transfer of work in progress and advances –10 22 –12
Sales, scrapping, etc. –4 –303 –535 –80 1 –921
Impairment 4 50 98 152
Exchange–rate differences –6 –144 –972 –45 –13 –1 180
Closing balance, December 31, 2012 175 3,785 22,151 1,269 220 27,600
Net carrying amount, December 31, 2011 1,053 4,282 7,492 735 2,051 15,613
Net carrying amount, December 31, 2012 1,025 4,429 7,087 676 3,476 16,693

Total impairments in 2012 were SEK 54m (3) on buildings and land, and SEK 98m (64) on machinery and other equipment. The majority of the impairments relates to the Business Area Europe, Middle East & Africa. The purchase value of CTI property, plant and equipment was recalculated during 2012 (March), resulting in an increase of SEK 187m.

Property, plant and equipment in 2011 were increased with SEK 555m due to the acquisition of Olympic Group in Egypt and with SEK 382m due to the acquisition of CTI in Chile. Property, plant and equipment decreased: with SEK 43m due to the divestment of a real estate in Australia; with SEK 15m due to the divestment of Electrolux Professional AG – Components in Switzerland; and with SEK 5m due to the divestment of a real estate in Sweden.

Property, plant and equipment            
Parent Company Land and land improvements Buildings Machinery and technical installations Other equipment Plants under construction Total
Acquisition costs             
Opening balance, January 1, 2011 4 57 918 280 66 1,325
Acquired during the year 36 25 20 81
Transfer of work in progress and advances 31 23 –54
Sales, scrapping, etc. –160 –12 –172
Closing balance, December 31, 2011 4 57 825 316 32 1,234
Acquired during the year 15 14 25 54
Transfer of work in progress and advances 25 3 –28
Sales, scrapping, etc. –105 –2 –107
Closing balance, December 31, 2012 4 57 760 331 29 1,181
             
Accumulated depreciation             
Opening balance, January 1, 2011 2 54 778 229 1,063
Depreciation for the year 41 20 61
Sales, scrapping, etc. –152 –10 –162
Closing balance, December 31, 2011 2 54 667 239 962
Depreciation for the year 1 34 23 58
Sales, scrapping, etc. –95 –2 –97
Closing balance, December 31, 2012 2 55 606 260 923
Net carrying amount, December 31, 2011 2 3 158 77 32 272
Net carrying amount, December 31, 2012 2 2 154 71 29 258