AAK Annual Report 2017

72 NOTE 16 – PROPERTY, PLANT AND EQUIPMENT Group Land and buildings Plant and machinery Equipment, tools and fixtures and fittings Non-current assets under construction Total Cost at January 1, 2016 1,655 7,272 546 942 10,415 Investments 29 322 31 579 961 Acquired through business combinations 79 411 8 3 501 Disposals - -89 -38 - -127 Reclassifications 49 117 22 -179 9 Exchange differences 39 75 7 129 250 Accumulated cost at December 31, 2016 1,851 8,108 576 1,474 12,009 Cost at January 1, 2017 1,851 8,108 576 1,474 12,009 Investments 37 193 23 525 778 Disposals -29 -132 -28 -4 -193 Reclassification to tax assets - - - -87 -87 Reclassifications 397 721 10 -1,076 52 Exchange differences -69 -157 -16 -65 -307 Accumulated cost at December 31, 2017 2,187 8,733 565 767 12,252 Depreciation at January 1, 2016 895 4,819 372 - 6,086 Acquired through business combinations 58 299 6 - 363 Disposals - -83 -36 - -119 Reclassifications 5 -5 - - 0 Depreciations for the year 45 348 37 - 430 Exchange differences 17 29 5 - 51 Accumulated depreciation at December 31, 2016 1,020 5,407 384 - 6,811 Depreciation at January 1, 2017 1,020 5,407 384 - 6,811 Disposals -29 -129 -27 - -185 Reclassifications 11 47 -6 - 52 Depreciations for the year 54 366 42 - 462 Exchange differences -19 -72 -9 - -100 Accumulated depreciation at December 31, 2017 1,037 5,619 384 - 7,040 Impairment loss at January 1, 2016 13 21 - - 34 Exchange differences -1 1 - - 0 Accumulated impairment loss at December 31, 2016 12 22 - - 34 Impairment loss at January 1, 2017 12 22 - - 34 Accumulated impairment loss at December 31, 2017 12 22 - - 34 Residual value according to plan at December 31, 2016 819 2,679 192 1,474 5,164 of which land 150 Residual value according to plan at December 31, 2017 1,138 3,092 181 767 5,178 of which land 143