Annual Report 2021
Financial statements
6.5.2
Property, plant and equipment

See accounting policies U and BB.

Property, plant and equipment
31 December 202131 December 2020
Land and buildings for own use145158
Plant332-
Equipment2520
Property, plant and equipment owned502177
Vehicles1012
Land37-
Other79
Right-of-use assets5421
Total property, plant and equipment556198
Changes in property, plant and equipment
Land and buildings held for own usePlantEquipmentRight-of-use assetsTotal 2021Total 2020
At 1 January158-2021198189
Additions-332124238614
Depreciation-5--7-6-19-16
Revaluations through equity-7----712
Other changes----2-2-1
Changes in the composition of the group----1-
At 31 December1453322554556198
Gross carrying amount as at 31 December2483325669705334
Accumulated depreciation as at 31 December-103--31-15-149-136
Net carrying value as at 31 December1453322554556198
Revaluation surplus
At 1 January45---4532
Revaluation in the year-7----712
Other changes-----1
At 31 December38---3845

Additions mainly relate to the acquisition of wind farm Wieringermeer including the lease for the related land as part of the strategy to invest more in renewable energy, see chapter 6.4.5.

Depreciation of property, plant and equipment is recorded in the operating expenses, see chapter 6.6.8.

The fair value of land and buildings for own use is based on the external valuations and the fair value of plants are disclosed in chapter 6.7.1.3.

Property, plant and equipment consists mainly of assets expected to have a useful life of more than one year after the balance sheet date.