15. Depreciation/ amortisation/ impairment losses

Depreciation/amortisation/impairment losses of €538 million (2017/18: €507 million) include impairment losses totalling €20 million (2017/18: €11 million).

The impairment losses mainly relate to the Others segment in the amount of €13 million and to a single property in the METRO Russia segment in the amount of €3 million.

The attribution of depreciation/amortisation/impairment losses in the income statement and the affected asset categories is as follows:

2017/18

€ million

Goodwill

Other intangible assets

Property, plant and equipment

Investment properties

Financial assets1

Total

1

Also comprise investments accounted for using the equity method.

Cost of sales

0

2

20

0

0

23

thereof depreciation/amortisation

(0)

(2)

(20)

(0)

(0)

(23)

thereof impairment

(0)

(0)

(0)

(0)

(0)

(0)

Selling expenses

0

29

370

5

0

404

thereof depreciation/amortisation

(0)

(29)

(360)

(5)

(0)

(394)

thereof impairment

(0)

(0)

(10)

(0)

(0)

(10)

General administrative expenses

0

60

20

1

0

80

thereof depreciation/amortisation

(0)

(60)

(19)

(0)

(0)

(80)

thereof impairment

(0)

(0)

(0)

(0)

(0)

(1)

Other operating expenses

0

0

0

0

0

0

thereof impairment

(0)

(0)

(0)

(0)

(0)

(0)

Scheduled impairment losses and impairment before impairment of financial investments

0

92

410

6

0

507

Net financial result

0

0

0

0

0

0

thereof impairment

(0)

(0)

(0)

(0)

(0)

(0)

Scheduled depreciation/amortisation/impairment losses

0

92

410

6

0

507

thereof depreciation/amortisation

(0)

(92)

(400)

(5)

(0)

(497)

thereof impairment

(0)

(0)

(10)

(1)

(0)

(11)

2018/19

€ million

Goodwill

Other intangible assets

Property, plant and equipment

Investment properties

Financial assets1

Total

1

Also comprise investments accounted for using the equity method.

Cost of sales

0

3

23

0

0

26

thereof depreciation/amortisation

(0)

(3)

(23)

(0)

(0)

(26)

thereof impairment

(0)

(0)

(0)

(0)

(0)

(0)

Selling expenses

0

30

373

4

0

406

thereof depreciation/amortisation

(0)

(30)

(366)

(3)

(0)

(399)

thereof impairment

(0)

(0)

(7)

(0)

(0)

(7)

General administrative expenses

0

81

20

1

0

101

thereof depreciation/amortisation

(0)

(73)

(20)

(1)

(0)

(93)

thereof impairment

(0)

(8)

(0)

(0)

(0)

(8)

Other operating expenses

3

0

0

0

0

3

thereof impairment

(3)

(0)

(0)

(0)

(0)

(3)

Scheduled impairment losses and impairment before impairment of financial investments

3

113

416

4

0

536

Net financial result

0

0

0

0

2

2

thereof impairment

(0)

(0)

(0)

(0)

(2)

(2)

Scheduled depreciation /amortisation/impairment losses

3

113

416

4

2

538

thereof depreciation/amortisation

(0)

(105)

(409)

(4)

(0)

(518)

thereof impairment

(3)

(8)

(7)

(0)

(2)

(20)

In accordance with 5, impairment losses of METRO China are not included in the profit or loss for the period from continuing operations and thus not included in the tables above. In contrast, these impairment losses are included in the movement schedules on the development of financial assets up to the point of reclassification on 30 September 2019; for that reason, the amounts stated there may differ from those stated above.

IFRS (International Financial Reporting Standards)
Internationally applicable rules for financial reporting developed by the IASB. Contrary to the accounting rules under the German Commercial Code, the IFRS emphasise the informational function.
Glossary