Note 16 Tangible fixed assets
| Group 2017, MSEK | Buildings and land | Machinery and equipment | Construction in progress | Total |
| Opening acquisition value | 2,090 | 8,062 | 137 | 10,289 |
| Purchases | 10 | 1,171 | 293 | 1,474 |
| Purchases through acquired companies | 4 | 29 | 33 | |
| Sales/disposals | -18 | -385 | -403 | |
| Sales via sold company | -101 | -101 | ||
| Reclassifications 1) | 756 | 54 | -110 | 700 |
| Exchange rate differences | 7 | -52 | -45 | |
| Closing accumulated acquisition value | 2,849 | 8,778 | 320 | 11,947 |
| Opening depreciation | -782 | -5,212 | – | -5,994 |
| Accumulated depreciation in acquired companies | -6 | -6 | ||
| Sales/disposals | 14 | 342 | 356 | |
| Sales via sold company | 80 | 80 | ||
| Depreciation | -102 | -757 | -859 | |
| Reclassifications 1) | -40 | -40 | ||
| Exchange rate differences | 44 | 44 | ||
| Closing accumulated depreciation | -910 | -5,509 | – | -6,419 |
| Opening write-downs | -2 | -16 | – | -18 |
| Write-downs 2) | -2 | -2 | ||
| Closing accumulated write-downs | -4 | -16 | – | -20 |
| Closing recognized value | 1,935 | 3,253 | 320 | 5,508 |
| 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 | |
| Sales via sold company | -3 | -3 | ||
| Reclassifications | -4 | 56 | -48 | 4 |
| Exchange rate differences | 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 | |
| Sales via sold company | 1 | 1 | ||
| Depreciation | -74 | -678 | -752 | |
| Reclassifications | 9 | 7 | 16 | |
| Exchange rate differences | -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 recognized value | 1,306 | 2,834 | 137 | 4,277 |
1) After a revision of Peab’s property portfolio it was decided that some property previously reported as project and development property, i.e. inventory properties, will instead be classified as operations property, in the case where there is no plan to divest the property and it is expected to remain in the Group for the foreseeable future. For this reason, as of 1 January 2017 properties for a total recorded value of SEK 619 million have been reclassified as operations property.
2) Write-downs are reported in the following line of the income statement:
| MSEK | 2017 | 2016 |
| Production costs | -2 | – |
| Total | -2 | – |
| Machinery and equipment | ||
| Parent company, MSEK | 2017 | 2016 |
| Opening acquisition value | 5 | 5 |
| Closing accumulated acquisition value | 5 | 5 |
| Opening depreciation | -4 | -4 |
| Closing accumulated depreciation | -4 | -4 |
| Closing recognized value | 1 | 1 |
Group financial leasing
Companies in the Group lease vehicles, construction machinery and other production equipment through many different leasing agreements. The reported value related to Group financial leasing amounted to SEK 598 million (643). 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.