105 / 140
23
Furniture
(7,628)
(401)
-
183
(7,846)
Computer hardware
(22,430)
(1,849)
-
1,674
(22,605)
Transport equipment
(52)
(17)
-
-
(69)
Total accumulated depreciation
(151,945)
(9,781)
14
4,466 (157,246)
Total property, plant
and equipment
Balance at
01/01/14
Balance at
31/12/14
Cost
195,437
197,937
Accumulated depreciation
(151,945)
(157,246)
Total, net
43,492
40,691
The Company owns buildings, the value of which, net of depreciation, and that of the land, at the
end of 2015 and 2014 were as follows (in thousands of euros):
Property
2015
2014
Land
11,517
11,517
Buildings
11,176
12,101
Total
22,693
23,618
In 2015 the Company derecognised items of property, plant and equipment, giving rise to a net
loss of EUR 46 thousand (2014: EUR 45 thousand).
At the end of 2015 and 2014 the Company had fully depreciated items of property, plant and
equipment still in use, the detail being as follows (in thousands of euros):
Gross carrying amount
2015
2014
Buildings
9,297
8,661
Other assets
106,243
104,941
Total
115,540
113,602
The Company takes out insurance policies to cover the possible risks to which its property, plant
and equipment are subject. At the end of 2015 and 2014 the property, plant and equipment were
fully insured against these risks.
7.- Leases
At the end of 2015 and 2014 the Company, as a lessor under operating leases, had annual lease
arrangements with certain Group companies for facilities and other scantly material lease
arrangements with a term of more than one year with non-Group companies. Since the leased
facilities are in the same building as the Company, they are not considered to be investment
property included in the Company’s assets.
Income from operating leases in 2015 amounted to EUR 3,991 thousand (2014: EUR 7,421
thousand).