EADS

Notes (IFRS)

skip to main navigation-menu | skip to metanavigation | skip to search form and cross links | skip to toolbox (compare to last year, printing and others)

Content

skip to content | skip to main navigation menu| skip to metanavigation | skip to search form and cross links

Toolbox (Compare to last year, printing, etc.)

  • Compare with last year
  • Open your print basket
  • Add this page to the print basket
  • Print page
  • Send this page to a friend
back back     next next

33. Investment property

The Group owns investment property, that is leased to third parties. For the purposes of IAS 40 “Investment property” the fair values have been determined by using market based multipliers for estimated rental income or using available market prices.


Buildings held as investment property are depreciated on a linear basis over their useful life up to 20 years. The values assigned to investment property are as follows:

  Download Excel
(in €m) Historical cost Accumulated depreciation 31st December 2004 Book value 31st December 2004 Transfer Historical cost Depreciation Amortisation Transfer Accumulated depreciation Accumulated depreciation 31st December 2005 Net at 31st December 2005
                 
Book value of Investment property 251 (92) 159 2 (18) (9) (119) 134

As of 31st December 2005, the fair value of the Group’s investment property amounts to €134 million. Related rental income in 2005 is €15 million with direct operating expenses amounting to €8 million.

Included in the depreciation is an impairment charge of €8 million recognised in Cost of Sales.


Disclaimer/Imprint

toptop


Print basket

close

The following page has been added to your print basket:

bg_listitem   Note 33

icon_manage_popup   View Print Basket