Search

10. Tangible assets

Tangible assets 2017


EUR 1,000
Land areas *) Buildings Machinery and equipment Total





Acquisition cost 1 Jan 739 6,045 5,416 12,200
Additions



Acquisition cost 31 Dec 739 6,045 5,416 12,200





Accumulated depreciation 1 Jan
-5,492 -5,134 -10,626
Depreciation during the period
-184 -95 -279
Accumulated depreciation 31 Dec
-5,676 -5,229 -10,905





Book value 31 Dec, 2017 739 369 188 1,296










Tangible assets 2016

EUR 1,000
Land areas Buildings Machinery and equipment Total





Acquisition cost 1 Jan 739 6,045 5,299 12,083
Additions

117 117
Acquisition cost 31 Dec 739 6,045 5,416 12,200





Accumulated depreciation 1 Jan
-5,272 -4,990 -10,261
Depreciation during the period
-220 -144 -365
Accumulated depreciation 31 Dec
-5,492 -5,134 -10,626





Book value 31 Dec, 2016 739 553 282 1,574





*) As stated in the restructuring programme, Tecnotree Oyj has committed itself to sell its real estate used as its office premises by 31.12.2019. The sales price shall be paid to the collateral holder Nordea Pankki Suomi Oyj. The company has a right not to sell the real estate in the given time only if approved by the supervisor and Nordea Pankki Suomi Oyj.