2021 UNIVERSAL REGISTRATION DOCUMENT

5. 2021 Consolidated financial statements

NET TANGIBLE ASSETS

(€ millions)

This graph shows the change net tangible assets in million euros

2020 : 3,225,

Acquistions/Depreciation : -43,

Disposals/Reversals : -10,

Translation difference : 102,

Other movements : -7,

2021 : 3,266.

 

€ millions

2020

31.12.2019

Acquisitions/

Depreciation

Disposals/

Reversals

Translation difference Other movements(1) 31.12.2020
Land and buildings

Land and buildings

31.12.2019

2,333.3

Land and buildings

Acquisitions/

Depreciation

47.2

Land and buildings

Disposals/

Reversals

-24.9

Land and buildings

Translation difference

-101.0

Land and buildings

Other movements(1)

80.3

Land and buildings

31.12.2020

2,334.7

Machinery and equipment

Machinery and equipment

31.12.2019

3,735.3

Machinery and equipment

Acquisitions/

Depreciation

163.1

Machinery and equipment

Disposals/

Reversals

-120.3

Machinery and equipment

Translation difference

-175.4

Machinery and equipment

Other movements(1)

37.1

Machinery and equipment

31.12.2020

3,639.7

Point-of-sales advertising: stands and displays

Point-of-sales advertising: stands and displays

31.12.2019

2,358.1

Point-of-sales advertising: stands and displays

Acquisitions/

Depreciation

221.0

Point-of-sales advertising: stands and displays

Disposals/

Reversals

-420.2

Point-of-sales advertising: stands and displays

Translation difference

-144.4

Point-of-sales advertising: stands and displays

Other movements(1)

81.8

Point-of-sales advertising: stands and displays

31.12.2020

2,096.4

Other tangible assets and fixed assets in progress

Other tangible assets and fixed assets in progress

31.12.2019

2,004.3

Other tangible assets and fixed assets in progress

Acquisitions/

Depreciation

262.1

Other tangible assets and fixed assets in progress

Disposals/

Reversals

-97.5

Other tangible assets and fixed assets in progress

Translation difference

-114.4

Other tangible assets and fixed assets in progress

Other movements(1)

-207.8

Other tangible assets and fixed assets in progress

31.12.2020

1,846.8

Gross value Gross value31.12.201910,431.1 Gross value

Acquisitions/

Depreciation

693.4
Gross value

Disposals/

Reversals

-662.9
Gross valueTranslation difference-535.2 Gross valueOther movements(1)-8.6 Gross value31.12.20209,917.6
Land and buildings

Land and buildings

31.12.2019

1,218.7

Land and buildings

Acquisitions/

Depreciation

79.4

Land and buildings

Disposals/

Reversals

-19.3

Land and buildings

Translation difference

-38.1

Land and buildings

Other movements(1)

10.5

Land and buildings

31.12.2020

1,251.2

Machinery and equipment

Machinery and equipment

31.12.2019

2,732.6

Machinery and equipment

Acquisitions/

Depreciation

259.2

Machinery and equipment

Disposals/

Reversals

-119.3

Machinery and equipment

Translation difference

-115.0

Machinery and equipment

Other movements(1)

-56.9

Machinery and equipment

31.12.2020

2,700.6

Point-of-sales advertising: stands and displays

Point-of-sales advertising: stands and displays

31.12.2019

1,774.4

Point-of-sales advertising: stands and displays

Acquisitions/

Depreciation

408.2

Point-of-sales advertising: stands and displays

Disposals/

Reversals

-415.4

Point-of-sales advertising: stands and displays

Translation difference

-113.9

Point-of-sales advertising: stands and displays

Other movements(1)

11.6

Point-of-sales advertising: stands and displays

31.12.2020

1,664.9

Other tangible assets

Other tangible assets

31.12.2019

1,061.0

Other tangible assets

Acquisitions/

Depreciation

165.0

Other tangible assets

Disposals/

Reversals

-94.8

Other tangible assets

Translation difference

-66.4

Other tangible assets

Other movements(1)

11.0

Other tangible assets

31.12.2020

1,075.7

Depreciation and provisions Depreciation and provisions31.12.20196,786.8 Depreciation and provisions

Acquisitions/

Depreciation

911.7
Depreciation and provisions

Disposals/

Reversals

-648.8
Depreciation and provisionsTranslation difference-333.4 Depreciation and provisionsOther movements(1)-23.8 Depreciation and provisions31.12.20206,692.4
TANGIBLE ASSETS – NET

TANGIBLE

ASSETS – NET
31.12.20193,644.3

TANGIBLE

ASSETS – NET

Acquisitions/

Depreciation

-218.3

TANGIBLE

ASSETS – NET

Disposals/

Reversals

-14.1

TANGIBLE

ASSETS – NET
Translation difference-201.8

TANGIBLE

ASSETS – NET
Other movements(1)15.2

TANGIBLE

ASSETS – NET
31.12.20203,225.2

(1) These mainly consist of assets related to refurbishment costs for premises reclassified as rights of use after the Group applied IFRS 16 on 1 January 2019 (€33 million) and tangible assets in progress allocated to other fixed assets.

€ millions

2019

31.12.2018

Acquisitions/

Depreciation

Disposals/

Reversals

Translation difference

Other

movements (1)

31.12.2019
Land and buildings

Land and buildings

31.12.2018

2,259.2

Land and buildings

Acquisitions/

Depreciation

43.1

Land and buildings

Disposals/

Reversals

-38.2

Land and buildings

Translation difference

18.4

Land and buildings

Other

movements (1)

50.8

Land and buildings

31.12.2019

2,333.3

Machinery and equipment

Machinery and equipment

31.12.2018

3,585.1

Machinery and equipment

Acquisitions/

Depreciation

158.3

Machinery and equipment

Disposals/

Reversals

-129.6

Machinery and equipment

Translation difference

38.0

Machinery and equipment

Other

movements (1)

83.5

Machinery and equipment

31.12.2019

3,735.3

Point-of-sales advertising: stands and displays

Point-of-sales advertising: stands and displays

31.12.2018

2,147.8

Point-of-sales advertising: stands and displays

Acquisitions/

Depreciation

372.2

Point-of-sales advertising: stands and displays

Disposals/

Reversals

-247.4

Point-of-sales advertising: stands and displays

Translation difference

43.0

Point-of-sales advertising: stands and displays

Other

movements (1)

42.5

Point-of-sales advertising: stands and displays

31.12.2019

2,358.1

Other tangible assets and fixed assets in progress

Other tangible assets and fixed assets in progress

31.12.2018

1,922.1

Other tangible assets and fixed assets in progress

Acquisitions/

Depreciation

384.0

Other tangible assets and fixed assets in progress

Disposals/

Reversals

-76.8

Other tangible assets and fixed assets in progress

Translation difference

25.8

Other tangible assets and fixed assets in progress

Other

movements (1)

-250.8

Other tangible assets and fixed assets in progress

31.12.2019

2,004.3

Gross value Gross value31.12.20189,914.3 Gross value

Acquisitions/

Depreciation

957.6
Gross value

Disposals/

Reversals

-492.0
Gross valueTranslation difference125.2 Gross value

Other

movements (1)

-74.0
Gross value31.12.201910,431.1
Land and buildings

Land and buildings

31.12.2018

1,169.9

Land and buildings

Acquisitions/

Depreciation

77.1

Land and buildings

Disposals/

Reversals

-33.3

Land and buildings

Translation difference

6.8

Land and buildings

Other

movements (1)

-1.8

Land and buildings

31.12.2019

1,218.7

Machinery and equipment

Machinery and equipment

31.12.2018

2,585.7

Machinery and equipment

Acquisitions/

Depreciation

258.6

Machinery and equipment

Disposals/

Reversals

-126.7

Machinery and equipment

Translation difference

24.9

Machinery and equipment

Other

movements (1)

-9.9

Machinery and equipment

31.12.2019

2,732.6

Point-of-sales advertising: stands and displays

Point-of-sales advertising: stands and displays

31.12.2018

1,559.4

Point-of-sales advertising: stands and displays

Acquisitions/

Depreciation

440.2

Point-of-sales advertising: stands and displays

Disposals/

Reversals

-246.6

Point-of-sales advertising: stands and displays

Translation difference

31.5

Point-of-sales advertising: stands and displays

Other

movements (1)

-10.1

Point-of-sales advertising: stands and displays

31.12.2019

1,774.4

Other tangible assets

Other tangible assets

31.12.2018

974.7

Other tangible assets

Acquisitions/

Depreciation

168.3

Other tangible assets

Disposals/

Reversals

-75.6

Other tangible assets

Translation difference

13.5

Other tangible assets

Other

movements (1)

-19.9

Other tangible assets

31.12.2019

1,061.0

Depreciation and provisions Depreciation and provisions31.12.20186,289.7 Depreciation and provisions

Acquisitions/

Depreciation

944.2
Depreciation and provisions

Disposals/

Reversals

-482.2
Depreciation and provisionsTranslation difference76.8 Depreciation and provisions

Other

movements (1)

-41.7
Depreciation and provisions31.12.20196,786.8
TANGIBLE ASSETS – NET

TANGIBLE ASSETS – NET

31.12.20183,624.6

TANGIBLE ASSETS – NET

Acquisitions/

Depreciation

13.4

TANGIBLE ASSETS – NET

Disposals/

Reversals

-9.8

TANGIBLE ASSETS – NET

Translation difference48.4

TANGIBLE ASSETS – NET

Other

movements (1)

-32.4

TANGIBLE ASSETS – NET

31.12.20193,644.3

(1) These mainly include the effect of changes in the scope of consolidation and tangible assets in progress allocated to other fixed assets.

3.2.3. Leases
3.2.3.1. Right-of-use assets

Right-of-use assets break down by type of underlying asset, as follows:

€ millions 31.12.2021 Net Depreciation and impairment losses(1) 2021 31.12.2020 Net 01.01.2020 Net
Buildings

Buildings

31.12.2021 Net

1,124.6

Buildings

Depreciation and impairment losses

(1)

2021

261.5

Buildings

31.12.2020 Net

1,101.2

Buildings

01.01.2020 Net

1,291.2

Stores

Stores

31.12.2021 Net

265.4

Stores

Depreciation and impairment losses

(1)

2021

123.0

Stores

31.12.2020 Net

293.3

Stores

01.01.2020 Net

445.1

Key money

Key money

31.12.2021 Net

28.7

Key money

Depreciation and impairment losses

(1)

2021

3.4

Key money

31.12.2020 Net

34.5

Key money

01.01.2020 Net

49.0

Others

Others

31.12.2021 Net

88.8

Others

Depreciation and impairment losses

(1)

2021

17.1

Others

31.12.2020 Net

96.3

Others

01.01.2020 Net

106.9

RIGHT-OF-USE ASSETS

RIGHT-OF-USE ASSETS

31.12.2021 Net

1,507.6

RIGHT-OF-USE ASSETS

Depreciation and impairment losses

(1)

2021

405.0

RIGHT-OF-USE ASSETS

31.12.2020 Net

1,525.3

RIGHT-OF-USE ASSETS

01.01.2020 Net

1,892.3

(1) Of which €405.6 million in depreciation for the period.