11. Fixed Assets
Intangible assets break down as follows:
Goodwill and other intangible assets – carrying amounts | T031 | |
|---|---|---|
in EUR thousand | Jun 30, 2024 | Dec 31, 2023 |
Goodwill | 404,115 | 394,750 |
Customer lists | 108,134 | 108,533 |
Licenses, rights | 140 | 139 |
Software acquired externally | 1,081 | 1,414 |
Trademarks | 37,752 | 36,541 |
Patents and technology | 13,693 | 15,236 |
Internally generated intangible assets | 6,604 | 5,869 |
Other intangible assets | 1,255 | 1,258 |
Total | 572,774 | 563,740 |
The development of goodwill is summarized as follows:
Change in goodwill | T032 |
|---|---|
in EUR thousand | |
Balance as of Dec 31, 2023 | 394,750 |
Changes in the scope of consolidation | 3,189 |
Currency effects | 6,176 |
Balance as of June 30, 2024 | 404,115 |
The changes in the scope of consolidation result from capitalized goodwill in connection with the acquisition of Teco Srl and Teco Inc. The positive currency effects are primarily attributable to capitalized goodwill in the US dollar area.
Details on the historical development of accumulated depreciation and impairment can be found in the ANNUAL REPORT 2023.
Property, plant and equipment and rights of use can be broken down as follows:
Property, plant and equipment – carrying amounts | T033 | |
|---|---|---|
in EUR thousand | Jun 30, 2024 | Dec 31, 2023 |
Land and buildings | 64,821 | 65,309 |
Machinery and technical equipment | 150,443 | 146,554 |
Other equipment | 16,814 | 16,373 |
Assets under construction | 32,359 | 35,302 |
Right of use assets | ||
Land and buildings | 37,977 | 39,398 |
Machinery and technical equipment | 54 | 67 |
Forklifts and warehouse equipment | 2,678 | 2,625 |
Office and IT equipment | 804 | 671 |
Company cars | 2,562 | 2,055 |
Total | 308,512 | 308,354 |
EUR 22,599 thousand (H1 2023: EUR 32,168 thousand) was invested in fixed assets, including capitalized own work amounting to EUR 2,116 thousand (H1 2023: EUR 1,296 thousand).
Investment focuses were in the US, Serbia, the Czech Republic, Poland and Germany.
In addition, EUR 2,560 thousand (H1 2023: EUR 10,056 thousand) were recorded as additions to fixed assets for the activation of rights of use for rented land and buildings.
Legend
These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.