EXEL Industries // 2020 Universal registration document

Consolidated fi nancial statements 5

Notes to the consolidated fi nancial statements

Note 5 Property, plant and equipment

The comparative data relating to 2019 have not been restated for the application of IFRS 16, as the Group opted for the simpli fi ed retrospective transition method. The impact of IFRS 16 on the 2019 fi nancial statements is given in note 1.1.3.

09/30/2019

09/30/2020

Net

Gross Amortized Impairment

Net

(in € thousands)

Land and developments

48,010

(4,839)

-

43,171

43,285

Buildings

141,920

(75,635)

-

66,285

60,627

Plant and equipment

177,346

(151,213)

-

26,133

24,600

Other property, plant and equipment*

35,359

(27,664)

-

7,695

5,061

Property, plant and equipment under construction

2,594

(109)

-

2,485

3,312

Advances and prepayments

282

-

-

282

17

TOTAL

405,511

(259,460)

-

146,051

136,902

Property, plant and equipment

386,958

(254,130)

132,829

Rights of use

18,553

(5,331)

13,222

* Other property, plant and equipment consists mainly of vehicles, furniture and computer equipment.

Changes in property, plant and equipment between September 30, 2019 and September 30, 2020 are detailed in tables 5.1 and 5.2.

5.1 Movements during the fi scal year concerning property, plant and equipment

09/30/2019

09/30/2020

Net

Gross

Depreciation

Net

(in € thousands)

PROPERTY, PLANT AND EQUIPMENT AT THE BEGINNING OF THE FISCAL YEAR

390,321

(253,420)

136,902

142,285

Right-of-use assets on fi nance leases (1)

(848)

743

(105)

-

Acquisitions/allowances

6,581

(13,234)

(6,653)

(3,892)

Change in Group structure

4,960

44

5,004

-

Disposals or decommissioned assets

(9,564)

9,400

(164)

(2,345)

Impact of foreign exchange and misc. (2)

(4,492)

2,337

(2,155)

854

PROPERTY, PLANT AND EQUIPMENT AT THE END OF THE FISCAL YEAR 136,902 (1) In previous years, the right-of-use assets relating to fi nance leases were presented under property, plant and equipment. From now on, the rights of use of the leased assets are presented separately and the movements for the fi scal year are detailed in 5.2. (2) “Currency impact and miscellaneous” includes reclassi fi cations between gross values and depreciation. 386,958 (254,130) 132,829

5.2 Movements during the fi scal year concerning rights of use

09/30/2020

Gross

Depreciation

Net

(in € thousands)

GROSS RIGHTS OF USE AT THE BEGINNING OF THE FISCAL YEAR

848

(743)

105

First application of IFRS 16

15,821

15,821

Acquisitions/allowances

3,298

(5,523)

(2,225)

Change in Group structure

-

-

Disposals or decommissioned assets

(839)

839

-

Impact of foreign exchange and misc.

(575)

96

(479)

GROSS RIGHTS OF USE AT THE END OF THE FISCAL YEAR

18,553

(5,331)

13,222

EXEL Industries group I 2020 Universal Registration Document

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