Econocom - 2019 Universal registration document

06 consolidated financial statements

notes to the consolidated financial statements

Operating assets and liabilities 12. Inventories 12.1.

materials or supplies to be used in the • rendering of services, measured at cost and impaired in line with the useful life of the infrastructure to which they relate.

For the Group, inventories are: assets held for sale in the ordinary course • of business and measured at the lower of cost (weighted average cost) and net realisable value; or

31 Dec. 2019

31 Dec. 2018*

in € millions

Gross Impair- ment

Net Gross Impair- ment

Net

Equipment in the process of being refinanced

21.3 (2.5)

18.8 16.5 (3.0)

13.5

47.9 (6.6) 35.0 (3.0) 12.9 (3.6) 69.2 (9.1)

41.3 55.5 (16.9) 32.0 32.2 (2.5) 9.3 23.3 (14.5)

38.6 29.7

Other inventories

ICT equipment

8.8

Spare parts

Total 52.1 In accordance with the specifications of the standards, data at 31 December 2018 are not restated for the impact * of the application of IFRS 5 from 1 January 2019 (see 1.1.1.1). Here it does not say see Section or see Note. As per my earlier comment, these all need to be consistent in document. 60.1 72.0 (19.9)

Gross value

Changes in scope of consoli- dation

Reclassi- fication to assets held for sale

Changes in inven- tories

Other changes

31 Dec. 2018

31 Dec. 2019

in € millions

Equipment in the process of being refinanced

16.5

4.8

-

-

-

21.3

55.5 32.2 23.3

8.7 4.8 3.9

(1.6) (1.6)

(14.5)

(0.3) (0.3)

47.9 35.0

Other inventories

(0.2)

ICT equipment

-

(14.3) (14.5)

-

12.9

Spare parts

Total

72.0 13.5

(1.6)

(0.3)

69.2

207

2019 annual report