Varma

Annual Report 2014

VARMA_tilinpaatos
14. Changes in investments in real estate
ParentParent
CompanyCompanyGroup
Real estate andLoans toReal estate and
31 Dec. 2014, € millionreal estate sharesGroup companiesreal estate shares
Acquisition cost, 1 Jan.2,483.2949.34,141.9
Increase103.353.9137.6
Decrease-300.0-180.7-499.1
Acquisition cost, 31 Dec.2,286.5822.53,780.4
Accumulated depreciation, 1 Jan.-208.5-1,034.8
Accumulated depreciation from items sold39.2149.2
Depreciation for the financial year-18.0-87.6
Accumulated depreciation, 31 Dec.-187.3-973.1
Impairments, 1 Jan.-273.1-252.9
Impairments on items sold36.728.6
Impairments for the financial year-25.8-19.3
Reversed impairment0.4
Impairments, 31 Dec.-261.8-243.6
Revaluations, 1 Jan.16.216.2
Revaluations of items sold0.00.0
Revaluations, 31 Dec.16.216.2
Book value, 31 Dec.1,853.6822.52,579.8