Arla Foods Consolidated Annual Report 2021
86
Arla Foods Consolidated Annual Report 2021 / Consolidated Financial Statements / Notes
Capital employed
3.2 PROPERTY, PLANT AND EQUIPMENT
Contents
III
Expanding production capacities
Arla's main property, plant and equipment are located in
Denmark, the UK, Germany and Sweden. The carrying
amount increased to EUR 3,072 million compared to
EUR 2,915 million last year. The increase amounted
to EUR 157 million, driven by high CAPEX investment
levels and currencies.
Key investments in 2021 included continued expansion
of the powder production capacity in Germany, further
investments in the production facilities in Bahrain,
a new AFI innovation center and expansion of the
mozzarella production capacity in Denmark.
2021
Table 3.2.a Property, plant and equipment
(EURM)
Land
and
Fixtures
and
Plant fittings,
and tools and
buildings machinery equipment
Assets
under
construc-
tion
Total
Cost at 1 January
1,770
3,471
724
453
6,418
Exchange rate adjustments
38
45
20
11
114
Additions
104
133
53
231
521
Transferred from assets under construction
Disposals
100
169
12
-281
-27
-46
-32
-1
-106
Property, plant and equipment
by country, 2021
Property, plant and equipment
by country, 2020
Reclassifications
2
28
5
35
Cost at 31 December
1,987
3,800
782
413
6,982
Depreciation and impairment at 1 January
-764
-2,219
-520
-3,503
Exchange rate adjustments
-9
-29
-11
-49
Depreciation and impairment for the year
-78
-251
-77
-406
Depreciation on disposals
15
38
30
83
Reclassifications
-2
-28
-5
-35
Depreciation and impairment at 31 December
-838
-2,489
-583
-3,910
3,072
MILLION EUR
2,915
Carrying amount at 31 December
1,149
1,311
199
413
3,072
MILLION EUR
Right of use assets included in the carrying amount
141
8
81
230
Denmark 45%
Sweden 10%
UK 19%
Germany 15%
Other 11%
â– Denmark 46%
Sweden 11%
UK 19%
Germany 14%
Other 10%
2020
Cost at 1 January
1,666
3,152
685
407
5,910
Exchange rate adjustments
-17
-13
-14
-2
-46
Additions
81
102
60
337
580
Transferred from assets under construction
66
195
28
-289
Disposals
-26
-23
-35
-84
Reclassifications
58
58
Cost at 31 December
1,770
3,471
724
453
6,418
Depreciation and impairment at 1 January
-705
-2,021
-474
-3,200
Exchange rate adjustments
1
5
4
10
Depreciation and impairment for the year
-73
-234
-74
-381
Depreciation on disposals
13
31
24
68
Depreciation and impairment at 31 December
-764
-2,219
-520
-3,503
Carrying amount at 31 December
1,006
1,252
204
453
2,915
Right of use assets included in the carrying amount
136
13
80
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