15 Depreciation, amortisation and impairment losses

 
€m

 

2009

2010

Amortisation of intangible assets, excluding the impairment of goodwill

421

288

Depreciation of property, plant and equipment

   

    Land and buildings

282

190

    Technical equipment and machinery

287

228

    Other equipment, operating and office equipment, vehicle fleet

478

432

    Aircraft

151

158

    Advance payments

1

0

 

1,199

1,008

 

1,620

1,296

Impairment of goodwill

0

0

Depreciation, amortisation and impairment losses

1,620

1,296

Depreciation, amortisation and impairment losses declined by €324 million year-on-year to €1,296 million. The reduction is related, amongst other things, to the restructuring of the US express business in the previous year, which recognised part of the depreciation, amortisation and impairment losses prospectively.

Depreciation, amortisation and impairment losses include impairment losses of €58 million (previous year: €264 million). At segment level, the impairment losses on non-current assets (excluding the impairment of goodwill) were as follows:

Impairment losses on non-current assets

€m

 

2009

2010


MAIL

0

17

Intangible assets

0

4

Property, plant and equipment

0

13

    of which technical equipment and machinery

0

10


EXPRESS

116

24

Intangible assets

6

1

Property, plant and equipment

110

23

    of which land and buildings

36

1

    of which aircraft

24

21


SUPPLY CHAIN

91

4

Intangible assets

75

1

Property, plant and equipment

16

3

    of which land and buildings

6

2


Corporate Center/Other

57

13

Property, plant and equipment

57

13

    of which land and buildings

57

13

Impairment losses

264

58

€92 million of the impairment losses in the previous year were due to the insolvency of Arcandor. A further €23 million related to impairment losses on property, plant and equipment in the US express business and €24 million to impairment losses on aircraft.

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