16. Property, Plant and Equipment

	Land	Buildings and leasehold improvements	Plant and machinery	Other plant	Prepayments and assets under construction	Property, plant and equipment under finance leases	Total
in EUR thousand
Cost
Balance at 1 October 2007	23,981	61,692	78,483	27,938	8,295	128	200,517
Additions	–	1,246	9,300	6,295	3,690	–	20,531
Disposals	–	–4	–1,289	–1,687	–9	–	–2,989
Reclassifications	–	1,266	173	216	–1,655	–	–
Other changes	–	–	–	–	–139	–	–139
Exchange differences	133	1,144	526	–239	32	6	1,602
Balance at 30 September 2008	24,114	65,344	87,193	32,523	10,214	134	219,522
Balance at 1 October 2008	24,114	65,344	87,193	32,523	10,214	134	219,522
Additions	17	700	10,096	4,775	–1,124	–	14,463
Disposals	–64	–	–880	–1,399	–558	–	–2,901
Reclassifications	153	27	1,048	175	–1,548	–	–145
Other changes	–	–	–	–	–	–	–
Exchange differences	59	–107	–136	–122	53	–1	–254
Balance at 30 September 2009	24,279	65,964	97,321	35,952	7,037	133	230,685

	Land	Buildings and leasehold improvements	Plant and machinery	Other plant	Prepayments and assets under construction	Property, plant and equipment under finance leases	Total
in EUR thousand
Depreciation and Impairments
Balance at 1 October 2007	–1,032	–20,538	–38,656	–18,737	–	–85	–79,048
Depreciation	–	–3,910	–8,284	–5,182	–	–14	–17,390
Impairments	–	–	–447	–	–	–	–447
Disposals	–	2	949	1,568	–	–	2,519
Exchange differences	–	–164	–252	160	–	–5	–261
Balance at 30 September 2008	–1,032	–24,610	–46,690	–22,191	–	–104	–94,627
Balance at 1 October 2008	–1,032	–24,610	–46,690	–22,191	–	–104	–94,627
Depreciation	–	–3,470	–8,593	–5,061	–	–9	–17,133
Impairments	–	–1,084	–	–	–	–	–1,084
Disposals	–	–	762	1,232	–	–	1,994
Exchange differences	–	–47	72	56	–	1	82
Balance at 30 September 2009	–1,032	–29,211	–54,449	–25,964	–	–112	–110,768

Carrying Amounts
Balance at 1 October 2007	22,949	41,154	39,827	9,201	8,295	43	121,469
Balance at 30 September 2008	23,082	40,734	40,503	10,332	10,214	30	124,895
Balance at 1 October 2008	23,082	40,734	40,503	10,332	10,214	30	124,895
Balance at 30 September 2009	23,247	36,753	42,872	9,988	7,037	21	119,917

The EUR 1,084,000 impairments on buildings and leasehold improvements in financial year 2008/2009 relate to the Port Technology segment were else EUR 447,000 of the previous financial year’s impairment losses were charged for plant and machinery to the Industrial Cranes segment.

There were no impairment reversals on property, plant and equipment in financial year 2008/2009 or 2007/2008.

Depreciation and impairments of property, plant and equipment are divided between items in the Income Statement as follows:

	1 October to 30 September
in EUR thousand	2008/2009	Of which impairments	2007/2008	Of which impairments
Cost of sales	–15,368	–1,084	–14,587	–447
Research and development expenses	–73	–	–12	–
Selling, general and administrative expenses	–2,776	–	–3,238	–
Total	–18,217	–1,084	–17,837	–447

Property, Plant and Equipment Under Finance Leases

The minimum lease payments are apportioned between the finance charge and the reduction of the outstanding liability. Allocation is performed using the effective interest method. Each period during the lease term is therefore allocated a finance charge determined by applying the effective interest rate under the lease to the remaining balance of the liability. The minimum leasing payments under finance leases in force are as follows:

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	30 September 2009			30 September 2008
in EUR thousand	Minimum lease payments	Interest	Present value of minimum lease payments	Minimum lease payments	Interest	Present value of minimum lease payments
Less than 1 year	4	0	4	15	1	14
1 to 5 years	–	–	–	4	0	4
Over 5 years	–	–	–	–	–	–
Total	4	0	4	18	1	18

Loans and borrowings as at 30 September 2009 (see Note 27) include liabilities under finance leases of EUR 4,000 (30 September 2008: EUR 18,000).

Prepayments and Assets under Construction

The prepayments and assets under construction sub-item is made up as follows:

	30 September
in EUR thousand	2009	2008
Gear grinders	1,214	1,079
Lathes	854	399
Harbour crane	503	496
Parking garage refurbishment	502	–
Factory building fire control	438	–
Milling machines	429	942
Machining centres	–	1,284
Conversion of office building in Wetter	–	522
Automated container handling system	–	496
Pretreatment facility	–	457
Rack storage and retrieval unit	–	384
Powder coating booth	–	300
Other	3,097	6,771
Total	7,037	10,214

16. Property, Plant and Equipment

Property, Plant and Equipment Under Finance Leases

Prepayments and Assets under Construction

Service Functions

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