12. Property, Plant, and Equipment
Property, Plant, and Equipment – Owned
|
|
Land, land rights, and buildings |
|
Technical equipment and machinery |
|
Office and other equipment |
|
Assets under construction |
|
Total |
|---|---|---|---|---|---|---|---|---|---|---|
Jan. 1, 2024 |
|
1,353 |
|
1,356 |
|
875 |
|
630 |
|
4,214 |
Currency translation adjustment |
|
-9 |
|
-5 |
|
4 |
|
-20 |
|
-30 |
Acquisitions |
|
— |
|
— |
|
— |
|
— |
|
— |
Divestments |
|
— |
|
— |
|
— |
|
— |
|
— |
Additions |
|
28 |
|
50 |
|
66 |
|
288 |
|
432 |
Disposals |
|
-34 |
|
-42 |
|
-36 |
|
-2 |
|
-114 |
Transfers |
|
83 |
|
90 |
|
38 |
|
-217 |
|
-6 |
Dec. 31, 2024/Jan. 1, 2025 |
|
1,421 |
|
1,449 |
|
947 |
|
679 |
|
4,496 |
Currency translation adjustment |
|
-20 |
|
-24 |
|
-21 |
|
3 |
|
-62 |
Acquisitions |
|
— |
|
— |
|
— |
|
— |
|
— |
Divestments |
|
— |
|
— |
|
— |
|
— |
|
— |
Additions |
|
16 |
|
44 |
|
56 |
|
332 |
|
448 |
Disposals |
|
-8 |
|
-65 |
|
-44 |
|
-6 |
|
-123 |
Transfers |
|
128 |
|
182 |
|
52 |
|
-373 |
|
-11 |
Dec. 31, 2025 |
|
1,537 |
|
1,586 |
|
990 |
|
635 |
|
4,748 |
|
|
Land, land rights, and buildings |
|
Technical equipment and machinery |
|
Office and other equipment |
|
Assets under construction |
|
Total |
|---|---|---|---|---|---|---|---|---|---|---|
Jan. 1, 2024 |
|
433 |
|
846 |
|
626 |
|
-2 |
|
1,903 |
Currency translation adjustment |
|
-1 |
|
-2 |
|
4 |
|
— |
|
1 |
Acquisitions |
|
— |
|
— |
|
— |
|
— |
|
— |
Divestments |
|
— |
|
— |
|
— |
|
— |
|
— |
Additions |
|
39 |
|
86 |
|
68 |
|
— |
|
193 |
Disposals |
|
-18 |
|
-39 |
|
-34 |
|
— |
|
-91 |
Transfers |
|
— |
|
— |
|
— |
|
— |
|
— |
Dec. 31, 2023/Jan. 1, 2024 |
|
453 |
|
891 |
|
664 |
|
-2 |
|
2,006 |
Currency translation adjustment |
|
-6 |
|
-11 |
|
-14 |
|
— |
|
-31 |
Acquisitions |
|
— |
|
— |
|
— |
|
— |
|
— |
Divestments |
|
— |
|
— |
|
— |
|
— |
|
— |
Additions |
|
42 |
|
102 |
|
77 |
|
— |
|
221 |
Disposals |
|
-5 |
|
-61 |
|
-40 |
|
— |
|
-106 |
Transfers |
|
— |
|
— |
|
— |
|
— |
|
— |
Dec. 31, 2025 |
|
484 |
|
921 |
|
687 |
|
-2 |
|
2,090 |
|
|
Land, land rights, and buildings |
|
Technical equipment and machinery |
|
Office and other equipment |
|
Assets under construction |
|
Total |
|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2024 |
|
968 |
|
558 |
|
283 |
|
681 |
|
2,490 |
Dec. 31, 2025 |
|
1,052 |
|
666 |
|
304 |
|
636 |
|
2,658 |
The carrying amounts of property, plant, and equipment amounted to €2,658 million (previous year: €2,490 million). Investments in property, plant, and equipment totaled €448 million (previous year: €432 million). They primarily related to the plants of the two business segments, Consumer and tesa. The largest investment projects included the construction of the new plant in Leipzig and expansion of the sites in Poland and Mexico (€129 million). The construction of the new logistics center in Leipzig resulted in additions of €91 million.
Right-of-Use Assets – Leased
|
|
Land, land rights, and buildings |
|
Technical equipment and machinery |
|
Office and other equipment |
|
Assets under construction |
|
Total |
|---|---|---|---|---|---|---|---|---|---|---|
Jan. 1, 2024 |
|
391 |
|
5 |
|
48 |
|
— |
|
444 |
Currency translation adjustment |
|
5 |
|
— |
|
— |
|
— |
|
5 |
Acquisitions |
|
— |
|
— |
|
— |
|
— |
|
— |
Additions |
|
50 |
|
1 |
|
22 |
|
— |
|
73 |
Disposals |
|
-17 |
|
-2 |
|
-11 |
|
— |
|
-30 |
Transfers |
|
|
|
— |
|
— |
|
— |
|
— |
Dec. 31, 2024/Jan. 1, 2025 |
|
429 |
|
4 |
|
59 |
|
— |
|
492 |
Currency translation adjustment |
|
-22 |
|
— |
|
-2 |
|
— |
|
-24 |
Acquisitions |
|
— |
|
— |
|
— |
|
— |
|
— |
Additions |
|
23 |
|
5 |
|
17 |
|
— |
|
45 |
Disposals |
|
-41 |
|
-1 |
|
-13 |
|
— |
|
-55 |
Transfers |
|
|
|
— |
|
— |
|
— |
|
— |
Dec. 31, 2025 |
|
389 |
|
8 |
|
61 |
|
— |
|
458 |
|
|
Land, land rights, and buildings |
|
Technical equipment and machinery |
|
Office and other equipment |
|
Assets under construction |
|
Total |
|---|---|---|---|---|---|---|---|---|---|---|
Jan. 1, 2024 |
|
187 |
|
4 |
|
23 |
|
— |
|
214 |
Currency translation adjustment |
|
3 |
|
— |
|
— |
|
— |
|
3 |
Acquisitions |
|
— |
|
— |
|
— |
|
— |
|
— |
Additions |
|
59 |
|
1 |
|
15 |
|
— |
|
75 |
Disposals |
|
-15 |
|
-3 |
|
-11 |
|
— |
|
-29 |
Transfers |
|
— |
|
— |
|
— |
|
— |
|
— |
Dec. 31, 2024/Jan. 1, 2025 |
|
234 |
|
2 |
|
27 |
|
— |
|
263 |
Currency translation adjustment |
|
-14 |
|
— |
|
-1 |
|
— |
|
-15 |
Acquisitions |
|
— |
|
— |
|
— |
|
— |
|
— |
Additions |
|
55 |
|
2 |
|
16 |
|
— |
|
73 |
Disposals |
|
-36 |
|
-1 |
|
-13 |
|
— |
|
-50 |
Transfers |
|
— |
|
— |
|
— |
|
— |
|
— |
Dec. 31, 2025 |
|
239 |
|
3 |
|
29 |
|
— |
|
271 |
|
|
Land, land rights, and buildings |
|
Technical equipment and machinery |
|
Office and other equipment |
|
Assets under construction |
|
Total |
|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2024 |
|
195 |
|
2 |
|
32 |
|
— |
|
229 |
Dec. 31, 2025 |
|
150 |
|
5 |
|
32 |
|
— |
|
187 |
|
|
Land, land rights, and buildings |
|
Technical equipment and machinery |
|
Office and other equipment |
|
Assets under construction |
|
Total |
|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2024 |
|
1,163 |
|
560 |
|
315 |
|
681 |
|
2,719 |
Property, plant, and equipment – owned |
|
968 |
|
558 |
|
283 |
|
681 |
|
2,490 |
Right of use assets – leased |
|
195 |
|
2 |
|
32 |
|
— |
|
229 |
Dec. 31, 2025 |
|
1,202 |
|
671 |
|
336 |
|
636 |
|
2,845 |
Property, plant, and equipment – owned |
|
1,052 |
|
666 |
|
304 |
|
636 |
|
2,658 |
Right of use assets – leased |
|
150 |
|
5 |
|
32 |
|
— |
|
187 |
The Beiersdorf Group leases real estate, mainly in the form of office space, retail stores, and warehouses. The terms of the lease agreements are diverse and individually negotiated. Lease agreements are generally concluded for a period of three to ten years and may contain extension or termination options. The “Office and other equipment” category mainly comprises leased vehicles. Further information regarding the right-of-use assets, lease liabilities, and lease expenses can be found in the section “Material Accounting Policies” as well as in Notes 08 and 30.