Note 16 Tangible fixed assets

Group 2016, MSEK Buildings and land Machinery and equipment Construction in progress Total
Opening acquisition value 2,009 7,205 72 9,286
Purchases  30  966  112  1,108
Purchases through acquired companies  112  180  292
Sales/disposals  -67  -437  -504
Sale of business  -3  -3
Reclassifications  -4  56  -48  4
Translation differences for the year  10  95  1  106
Closing accumulated acquisition value 2,090 8,062 137 10,289
Opening depreciation -774 -4,834 -5,608
Accumulated depreciation in acquired companies  -30  -30
Sales/disposals  60  382  442
Sale of business  1  1
Reclassifications  9  7  16
Depreciation for the year  -74  -678  -752
Translation differences for the year  -3  -60  -63
Closing accumulated depreciation -782 -5,212 -5,994
Opening write-downs -2 -22 -24
Sales/disposals  6  6
Closing accumulated write-downs -2 -16 -18
Closing book value 1,306 2,834 137 4,277

 

Group 2015, MSEK Buildings and land Machinery and equipment Construction in progress Total
Opening acquisition value 2,141 6,921 71 9,133
Purchases 62 663 62 787
Purchases through acquired companies 24 24
Sales/disposals -133 -331 -464
Sale of business -68 -21 -14 -103
Reclassifications 16 35 -46 5
Translation differences for the year -9 -86 -1 -96
Closing accumulated acquisition value 2,009 7,205 72 9,286
Opening depreciation -739 -4,527 -5,266
Accumulated depreciation in acquired companies -3 -3
Sales/disposals 23 279 302
Sale of business 9 4 13
Reclassifications 4 -15 -11
Depreciation for the year -74 -628 -702
Translation differences for the year 3 56 59
Closing accumulated depreciation -774 -4,834 -5,608
Opening write-downs -21 -16 -37
Sales/disposals 13 13
Sale of business 6 6
Write-downs for the year 1) -6 -6
Closing accumulated write-downs -2 -22 -24
Closing book value 1,233 2,349 72 3,654

1) Annual write-downs are reported in the following line of the income statement:

MSEK  2016  2015
Production costs -6
Total -6

 

Machinery and equipment
Parent company, MSEK 2016 2015
Opening acquisition value 5 5
Closing accumulated acquisition value 5 5
Opening depreciation -4 -4
Closing accumulated depreciation -4 -4
Closing book value 1 1

Group financial leasing

Companies in the Group lease vehicles, construction machinery and other production equipment through many different leasing agreements. The recorded value related to Group financial leasing amounted to SEK 643 million (471). When the leasing agreements terminate Peab normally has a liability to buy equipment at its residual value. The leased assets are owned by the lessors.