Reclassification from property, plant and equipment
Historical cost, Dec 31
Accumulated depreciation, Jan 1
Depreciation and impairment for the period
Accumulated depreciation and impairment, Dec 31
Net book value, Dec 31
Investment Property comprises the parent company's buildings and zoned and unbuilt lots for detached houses in Fiskars Village, Finland, and the leasing properties of Fiskars Brands, Inc. in the US that are not in Group's operational use.
Properties in Fiskars Village are unique in their cultural and historical values. Therefore it is not possible to determine a comparable market value on those properties.
The book value of the zoned and unbuilt lots for detached houses in Fiskars Village amounted to EUR 1.0 million as at December 31, 2013. The fair value of those lots, calculated based on average market prices of the area, amounted to EUR 3.5 million.
The book value of the leasing properties of Fiskars Brands, Inc. in the US approximate their fair value.
Book values by countries
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