15. Depreciation/amortisation/impairment losses
Depreciation/amortisation/impairment losses of €858 million (2018/19: €784 million) include impairment losses totalling €55 million (2018/19: €21 million).
The impairment is mainly losses attributable to the METRO Asia segment (€26 million), in particular the impairment of goodwill at Classic Fine Foods, €14 million to the Others segment, €6 million to the METRO Germany segment and €5 million to the METRO Russia segment.
The attribution of depreciation/amortisation/impairment losses in the income statement and the affected asset categories is as follows:
€ million |
Goodwill |
Other intangible assets |
Property, plant and equipment2 |
Usufructuary rights2 |
Investment properties2 |
Financial assets1 |
Total2 |
||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of sales |
0 |
3 |
22 |
46 |
0 |
0 |
70 |
||||
thereof depreciation/amortisation |
(0) |
(3) |
(22) |
(46) |
(0) |
(0) |
(70) |
||||
thereof impairment |
(0) |
(0) |
(0) |
(0) |
(0) |
(0) |
(0) |
||||
Selling expenses |
0 |
30 |
321 |
223 |
14 |
0 |
588 |
||||
thereof depreciation/amortisation |
(0) |
(30) |
(315) |
(222) |
(14) |
(0) |
(580) |
||||
thereof impairment |
(0) |
(0) |
(6) |
(1) |
(0) |
(0) |
(8) |
||||
General administrative expenses |
0 |
81 |
19 |
21 |
1 |
0 |
121 |
||||
thereof depreciation/amortisation |
(0) |
(73) |
(19) |
(21) |
(1) |
(0) |
(113) |
||||
thereof impairment |
(0) |
(8) |
(0) |
(0) |
(0) |
(0) |
(8) |
||||
Other operating expenses |
3 |
0 |
0 |
0 |
0 |
0 |
3 |
||||
thereof impairment |
(3) |
(0) |
(0) |
(0) |
(0) |
(0) |
(3) |
||||
Scheduled impairment losses and impairment before impairment of financial investments |
3 |
113 |
362 |
290 |
15 |
0 |
782 |
||||
Net financial result |
0 |
0 |
0 |
0 |
0 |
2 |
2 |
||||
thereof impairment |
(0) |
(0) |
(0) |
(0) |
(0) |
(2) |
(2) |
||||
Scheduled depreciation/ |
3 |
113 |
362 |
290 |
15 |
2 |
784 |
||||
thereof depreciation/amortisation |
(0) |
(105) |
(356) |
(288) |
(14) |
(0) |
(763) |
||||
thereof impairment |
(3) |
(8) |
(7) |
(2) |
(0) |
(2) |
(21) |
||||
|
|||||||||||
€ million |
Goodwill |
Other intangible assets |
Property, plant and equipment |
Usufructuary rights |
Investment properties |
Financial assets1 |
Total |
||
|---|---|---|---|---|---|---|---|---|---|
Cost of sales |
0 |
2 |
24 |
50 |
0 |
0 |
77 |
||
thereof depreciation/amortisation |
(0) |
(2) |
(24) |
(50) |
(0) |
(0) |
(77) |
||
thereof impairment |
(0) |
(0) |
(0) |
(0) |
(0) |
(0) |
(0) |
||
Selling expenses |
0 |
34 |
316 |
244 |
24 |
0 |
618 |
||
thereof depreciation/amortisation |
(0) |
(34) |
(305) |
(240) |
(17) |
(0) |
(595) |
||
thereof impairment |
(0) |
(0) |
(11) |
(4) |
(7) |
(0) |
(22) |
||
General administrative expenses |
0 |
96 |
18 |
21 |
1 |
0 |
135 |
||
thereof depreciation/amortisation |
(0) |
(92) |
(18) |
(21) |
(1) |
(0) |
(131) |
||
thereof impairment |
(0) |
(4) |
(0) |
(0) |
(0) |
(0) |
(4) |
||
Other operating expenses |
27 |
0 |
0 |
0 |
0 |
0 |
27 |
||
thereof impairment |
(27) |
(0) |
(0) |
(0) |
(0) |
(0) |
(27) |
||
Scheduled impairment losses and impairment before impairment of financial investments |
27 |
132 |
358 |
315 |
25 |
0 |
857 |
||
Net financial result |
0 |
0 |
0 |
0 |
0 |
1 |
1 |
||
thereof impairment |
(0) |
(0) |
(0) |
(0) |
(0) |
(1) |
(1) |
||
Scheduled depreciation/ |
27 |
132 |
358 |
315 |
25 |
1 |
858 |
||
thereof depreciation/amortisation |
(0) |
(128) |
(346) |
(311) |
(18) |
(0) |
(803) |
||
thereof impairment |
(27) |
(4) |
(11) |
(4) |
(7) |
(1) |
(55) |
||
|
|||||||||
In accordance with IFRS 5, impairment losses of METRO China in the previous year were not included in the profit or loss for the period from continuing operations and were 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.