15. Depreciation/ amortisation/ impairment losses
Depreciation/amortisation/impairment losses of €969 million (2019/20: €858 million) include impairment losses totalling €172 million (2019/20: €55 million).
The impairment is mainly losses attributable to the METRO Germany segment (€101 million), in particular the impairment of goodwill of €94 million. In addition, impairment losses of €48 million were recognised in the METRO Asia segment due to the country exits from Japan, Myanmar and Classic Fine Foods Philippines, as well as impairment losses of €8 million in the METRO Russia segment, €7 million in the Others segment and €5 million in the METRO Western Europe (excluding Germany) 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 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) |
||
|
|||||||||
€ million |
Goodwill |
Other intangible assets |
Property, plant and equipment |
Usufructuary rights |
Investment properties |
Financial assets1 |
Total |
||
|---|---|---|---|---|---|---|---|---|---|
Cost of sales |
0 |
2 |
24 |
52 |
0 |
0 |
78 |
||
thereof depreciation/amortisation |
(0) |
(2) |
(24) |
(51) |
(0) |
(0) |
(76) |
||
thereof impairment |
(0) |
(0) |
(0) |
(1) |
(0) |
(0) |
(2) |
||
Selling expenses |
0 |
36 |
340 |
232 |
30 |
0 |
639 |
||
thereof depreciation/amortisation |
(0) |
(36) |
(288) |
(221) |
(29) |
(0) |
(574) |
||
thereof impairment |
(0) |
(0) |
(52) |
(11) |
(1) |
(0) |
(65) |
||
General administrative expenses |
0 |
116 |
14 |
26 |
1 |
0 |
157 |
||
thereof depreciation/amortisation |
(0) |
(107) |
(14) |
(26) |
(1) |
(0) |
(148) |
||
thereof impairment |
(0) |
(9) |
(0) |
(0) |
(0) |
(0) |
(10) |
||
Other operating expenses |
95 |
0 |
0 |
0 |
0 |
0 |
95 |
||
thereof impairment |
(95) |
(0) |
(0) |
(0) |
(0) |
(0) |
(95) |
||
Scheduled impairment losses and impairment before impairment of financial investments |
95 |
154 |
379 |
310 |
31 |
0 |
969 |
||
Net financial result |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||
thereof impairment |
(0) |
(0) |
(0) |
(0) |
(0) |
(0) |
(0) |
||
Scheduled depreciation/ |
95 |
154 |
379 |
310 |
31 |
0 |
969 |
||
thereof depreciation/amortisation |
(0) |
(145) |
(325) |
(297) |
(30) |
(0) |
(798) |
||
thereof impairment |
(95) |
(9) |
(53) |
(13) |
(2) |
(0) |
(172) |
||
|
|||||||||
- Detailed explanations on the impairment test of goodwill can be found under No. 19 – Goodwill.