Property, Plant and Equipment  

in € millionsLand, rights
equivalent
to land and
buildings
Technical
equipment
and
machinery
Other
equipment,
fixtures,
furniture and
office
equipment
Advance
payments and
construction
in progress
Total
Cost
Balance as of 1/1/20141,9963,3161,199946,605
Currency translation differences1751302100
Acquisitions through business combinations13101538
Other additions4278120105345
Reductions through disposal of investments(163)(627)(28)(7)(825)
Other disposals(63)(174)(110)(1)(348)
Reclassifications in accordance with IFRS 5(24)(139)(11)(1)(175)
Reclassifications and other changes114066(95)22
Balance as of 12/31/20141,8162,5581,2761125,762
Currency translation differences204727296
Acquisitions through business combinations4913
Other additions286212576291
Reductions through disposal of investments(1)(1)(12)(14)
Other disposals(98)(161)(88)(1)(348)
Reclassifications in accordance with IFRS 5
Reclassifications and other changes6718(91)(6)
Balance as of 12/31/20151,7692,5721,355985,794
Accumulated depreciation
Balance as of 1/1/20141,0722,9518824,905
Currency translation differences11482079
Depreciation54106116276
Impairment losses2946984
Reversals of impairment losses(1)(1)
Reductions through disposal of investments(89)(590)(24)(703)
Other disposals(53)(170)(91)(314)
Reclassifications in accordance with IFRS 5(17)(130)(10)(157)
Reclassifications and other changes189
Balance as of 12/31/20141,0082,2609104,178
Currency translation differences12441874
Depreciation5189120260
Impairment losses123
Reversals of impairment losses(1)(1)
Reductions through disposal of investments(1)(1)(8)(10)
Other disposals(79)(153)(84)(316)
Reclassifications in accordance with IFRS 5
Reclassifications and other changes(6)431
Balance as of 12/31/20159862,2449594,189
Carrying amount as of 12/31/2015783328396981,605
Carrying amount as of 12/31/20148082983661121,584

As of the end of the reporting period, property, plant and equipment in the amount of €9 million was pledged as collateral for liabilities. In the previous year, no property, plant and equipment was pledged as collateral for liabilities. Impairment losses totaling €-3 million were recognized for property, plant and equipment (previous year: €-84 million).