17. Investment Property

 

Land

Buildings

Total

in EUR thousand

     

Cost

     

Balance at 1 October 2007

262

217

479

Transfer to/from property, plant and equipment

Disposals

–79

–202

–281

Exchange differences

–8

–8

–16

Balance at 30 September 2008

175

7

182

Balance at 1 October 2008

175

7

182

Transfer to/from property, plant and equipment

Disposals

Exchange differences

3

3

Balance at 30 September 2009

178

7

185



     

Depreciation and Impairments

     

Balance at 1 October 2007

–85

–85

Depreciation

–2

–2

Impairments

Disposals

79

79

Exchange differences

4

4

Balance at 30 September 2008

–4

–4

Balance at 1 October 2008

–4

–4

Depreciation

Impairments

Disposals

Exchange differences

Balance at 30 September 2009

–4

–4



     

Carrying Amounts

     

Balance at 1 October 2007

262

132

394

Balance at 30 September 2008

175

3

178

Balance at 1 October 2008

175

3

178

Balance at 30 September 2009

178

3

181

As in the previous year, rentals from investment property included in the Income Statement for the reporting period and the attributable operating expenses each come to less than EUR 50,000.

In view of the minor importance of the investment properties and in the absence of indications that their fair values differ significantly from their carrying amounts, Demag Cranes AG refrained from determining their fair value at the balance sheet date.