11. Property, Plant and Equipment and Intangible Assets
Intangible assets break down as follows:
Goodwill and other intangible assets – carrying amounts |
T030 |
|
---|---|---|
in EUR thousand |
Jun 30, 2023 |
Dec 31, 2022 |
Goodwill |
397,810 |
402,270 |
Customer lists |
118,148 |
128,244 |
Licenses, rights |
125 |
127 |
Software acquired externally |
1,250 |
1,442 |
Trademarks |
37,913 |
39,373 |
Patents and technology |
17,253 |
19,089 |
Internally generated intangible assets |
5,779 |
5,981 |
Other intangible assets |
1,366 |
1,688 |
Total |
579,644 |
598,214 |
The decline in goodwill from EUR 402,270 thousand as of December 31, 2022, to EUR 397,811 thousand as of June 30, 2023, resulted from negative exchange rate effects, from the US dollar region in particular.
Goodwill developed as follows:
Change in goodwill |
T031 |
---|---|
in EUR thousand |
|
Balance as of Dec 31, 2022 |
402,270 |
Currency effects |
-4,459 |
Balance as of June 30, 2023 |
397,811 |
Details on the historical development of accumulated depreciation and impairment losses can be found in the 2022 ANNUAL REPORT.
Property, plant and equipment and rights of use can be broken down as follows:
Property, plant and equipment – carrying amounts |
T032 |
|
---|---|---|
in EUR thousand |
Jun 30, 2023 |
Dec 31, 2022 |
Land and buildings |
64,194 |
57,615 |
Machinery and technical equipment |
137,264 |
144,384 |
Other equipment |
15,378 |
15,479 |
Assets under construction |
40,651 |
34,979 |
Right of use assets |
||
Land and buildings |
42,894 |
38,876 |
Machinery and technical equipment |
43 |
31 |
Forklifts and warehouse equipment |
2,053 |
1,964 |
Office and IT equipment |
188 |
243 |
Company cars |
1,991 |
2,270 |
Total |
304,656 |
295,841 |
EUR 32,168 thousand (H1 2022: EUR 19,756 thousand) was invested in non-current assets, including own work capitalized of EUR 1,296 thousand (H1 2022: EUR 1,205 thousand).
The main investments were made in the United States, China, Poland and the United Kingdom.
In addition, EUR 10,056 thousand (H1 2022: EUR 21,602 thousand) was recognized as additions to non-current assets for the capitalization of rights of use for leased land and buildings.