28 Investment property

 
€m

 

2009

2010


Cost

   

As at 1 January

45

45

Reclassifications

0

10

Disposals

0

–3

Currency translation differences

0

1

As at 31 December

45

53


Depreciation

   

As at 1 January

13

13

Reclassifications

0

3

As at 31 December

13

16


Carrying amount as at 31 December

32

37

Rental income for this property amounted to €1 million (previous year: €1 million), while the related expenses amounted to €2 million (previous year: €1 million). The fair value amounted to €77 million, as in the previous year.

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