
Financial report > Consolidated financial statements Geberit Group
Notes to the Consolidated Financial Statements
-
1. Basis of preparation
-
2. Changes in Group organization
-
3. Summary of significant accounting policies
-
4. Risk assessment and management
-
5. Management of capital
-
6. Marketable securities
-
7. Trade accounts receivable
-
8. Other current assets and current financial assets
-
9. Inventories
-
10. Property, plant and equipment
Total Land and
buildingsMachinery
and
equipmentOffice
equipmentAssets under
constr. /
advance
paymentsMCHF MCHF MCHF MCHF MCHF 2012 Cost at beginning of year 955.2 296.9 580.4 35.1 42.8 Additions 83.4 11.2 31.6 5.0 35.6 Disposals -40.3 -0.1 -26.4 -13.8 Transfers 0.0 7.7 30.4 0.5 -38.6 Translation differences -6.7 -1.8 -4.2 -0.3 -0.4 Cost at end of year 991.6 313.9 611.8 26.5 39.4 Accumulated depreciation at beginning of year 439.0 82.3 337.8 18.9 0.0 Depreciation expense 74.3 10.2 58.2 5.9 Disposals -39.6 -0.4 -25.4 -13.8 Transfers 0.0 Translation differences -3.3 -0.5 -2.6 -0.2 Accumulated depreciation at end of year 470.4 91.6 368.0 10.8 0.0 Net carrying amounts at end of year 521.2 222.3 243.8 15.7 39.4 2011 Cost at beginning of year 910.2 287.5 556.1 34.7 31.9 Additions 87.6 10.1 31.3 5.1 41.1 Disposals -26.8 -1.2 -20.2 -5.4 Transfers 0.0 4.1 24.0 1.6 -29.7 Translation differences -15.8 -3.6 -10.8 -0.9 -0.5 Cost at end of year 955.2 296.9 580.4 35.1 42.8 Accumulated depreciation at beginning of year 395.9 74.4 304.0 17.5 0.0 Depreciation expense 76.9 10.0 59.7 7.2 Disposals -24.8 -0.8 -18.8 -5.2 Transfers 0.0 Translation differences -9.0 -1.3 -7.1 -0.6 Accumulated depreciation at end of year 439.0 82.3 337.8 18.9 0.0 Net carrying amounts at end of year 516.2 214.6 242.6 16.2 42.8 As of December 31, 2012, buildings were insured at MCHF 432.2 (PY: MCHF 427.5) and equipment at MCHF 915.4 (PY: MCHF 887.6) against fire, which amounts to a total fire insurance value for property, plant and equipment of MCHF 1,347.6 (PY: MCHF 1,315.1).
As of December 31, 2012, there were no qualified assets for which borrowing costs were capitalized during the production phase.
As of December 31, 2012, the Group had entered into firm commitments for capital expenditures of MCHF 11.6 (PY: MCHF 12.1).
-
11. Other non-current assets and non-current financial assets
-
12. Goodwill and intangible assets
-
13. Short-term debt
-
14. Other current provisions and liabilities
-
15. Long-term debt
-
16. Derivative financial instruments
-
17. Retirement benefit plans
-
18. Participation plans
-
19. Deferred tax assets and liabilities
-
20. Other non-current provisions and liabilities
-
21. Contingencies
-
22. Capital stock and treasury shares
-
23. Earnings per share
-
24. Cash discounts and customer bonuses
-
25. Other operating expenses, net
-
26. Financial result, net
-
27. Income tax expenses
-
28. Cashflow figures
-
29. Segment reporting
-
30. Related party transactions
-
31. Foreign exchange rates
-
32. Subsequent events
-
33. Additional disclosures on financial instruments
-
34. Group companies as of December 31, 2012