32. Tangible assets

Changes in tangible assets (by group) in the year ended 31 December 2015
  Technical equipment and machines Vehicles Tangible assets under construction Property 1) Other tangible assets Total tangible assets
Gross value of tangible assets – opening balance 536,650 143,661 42,915 1,130,382 175,003 2,028,611
Increases (due to): 142,095 37,136 107,030 111,110 148,845 546,216
- purchase and own production 27,742 4,906 93,918 1,568 14,072 142,206
- change in group composition 81,468 755 13,112 22,315 122,916 240,566
- reclassification from investment property - - - 74,662 - 74,662
- reclassification from tangible assets under construction 25,477 31,055 - 12,148 9,385 78,065
- other 7,408 420 - 417 2,472 10,717
Decreases (due to): (94,730) (23,822) (89,202) (74,486) (12,283) (294,523)
- sale and liquidation (92,985) (23,822) (48) (977) (11,392) (129,224)
- reclassification to assets held for sale according to IFRS 5 - - - (7,958) - (7,958)
- reclassification to investment property - - (2,701) (63,542) - (66,243)
- reclassification from tangible assets under construction - - (78,065) - - (78,065)
- other (1,745) - (8,388) (2,009) (891) (13,033)
Exchange differences (977) (474) (6) (268) (435) (2,160)
Gross value of tangible assets – closing balance 583,038 156,501 60,737 1,166,738 311,130 2,278,144
Accumulated depreciation – opening balance (438,374) (55,322) (422) (367,636) (107,359) (969,113)
Changes (due to): 53,369 (670) - (1,424) (9,361) 41,914
- depreciation for the period (34,170) (19,791) - (28,384) (19,388) (101,733)
- sale and liquidation 92,543 19,180 - 249 11,022 122,994
- reclassification to assets held for sale according to IFRS 5 - - - 1,220 - 1,220
- reclassification to investment property - - - 23,867 - 23,867
- exchange differences 727 236 - 114 407 1,484
- other (5,731) (295) - 1,510 (1,402) (5,918)
Accumulated depreciation – closing balance (385,005) (55,992) (422) (369,060) (116,720) (927,199)
Impairment losses – opening balance (3,413) (17) (15) (50,203) (4,241) (57,889)
Changes recognized in the financial profit/loss, including: 571 (319) (386) 16 496 378
- other operating expenses - (319) (386) - - (705)
- other operating income 571 - - 16 496 1,083
Other changes: - - - 6,354 - 6,354
- reclassification to investment property - - - 6,237 - 6,237
- other - - - 117 - 117
Impairment losses – closing balance (2,842) (336) (401) (43,833) (3,745) (51,157)
Net value of tangible assets – closing balance 195,191 100,173 59,914 753,845 190,665 1,299,788

1) Including land perpetual usufruct.

   
Changes in tangible assets (by group) in the year ended 31 December 2014
  Technical equipment and machines Vehicles Tangible assets under construction Property 1) Other tangible assets Total tangible assets
Gross value of tangible assets – opening balance 582,604 116,418 22,954 1,081,035 139,549 1,942,560
Increases (due to): 64,174 53,269 66,747 132,354 54,759 371,303
- purchase and own production 26,217 12,920 54,498 8,162 9,018 110,815
- change in group composition 27,563 15,782 730 105,199 39,899 189,173
- reclassification to investment property - - - 15,419 - 15,419
- reclassification from tangible assets under construction 9,875 21,827 - 3,574 5,693 40,969
- other 519 2,740 11,519 - 149 14,927
Decreases (due to): (108,241) (25,255) (46,798) (83,617) (18,344) (282,255)
- sale and liquidation (100,439) (25,255) - (841) (16,104) (142,639)
- reclassification to assets held for sale according to IFRS 5 2) (4,879) - - (20,691) (1,810) (27,380)
- reclassification to investment property (1,893) - (124) (61,714) (62) (63,793)
- reclassification from tangible assets under construction - - (40,969) - - (40,969)
- other (1,030) - (5,705) (371) (368) (7,474)
Exchange differences (1,887) (771) 12 610 (961) (2,997)
Gross value of tangible assets – closing balance 536,650 143,661 42,915 1,130,382 175,003 2,028,611
Accumulated depreciation – opening balance (494,299) (52,976) - (322,530) (86,050) (955,855)
Changes (due to): 55,925 (2,346) (422) (45,106) (21,309) (13,258)
- depreciation for the period (29,785) (14,318) - (29,960) (15,372) (89,435)
- sale and liquidation 99,779 20,676 - 708 15,703 136,866
- change in group composition (20,411) (7,074) (415) (28,933) (24,166) (80,999)
- reclassification to assets held for sale according to IFRS 5 2) 3,310 - - 3,063 1,422 7,795
- reclassification to investment property 1,265 - - 10,157 36 11,458
- exchange differences 1,412 462 (7) 22 898 2,787
- other 355 (2,092) - (163) 170 (1,730)
Accumulated depreciation – closing balance (438,374) (55,322) (422) (367,636) (107,359) (969,113)
Impairment losses – opening balance - - - (59,424) - (59,424)
Changes recognized in the financial profit/loss, including: (2,452) (20) (15) 5,921 - 3,434
- other operating expenses (2,490) (20) (15) (2,139) - (4,664)
- other operating income 38 - - 8,060 - 8,098
Other changes: (961) 3 - 3,300 (4,241) (1,899)
- change in group composition (1,301) - - - (4,241) (5,542)
- reclassification to assets held for sale according to IFRS 5 2) - - - 1,446 - 1,446
- reclassification to investment property - - - 1,863 - 1,863
- other 340 3 - (9) - 334
Impairment losses – closing balance (3,413) (17) (15) (50,203) (4,241) (57,889)
Net value of tangible assets – closing balance 94,863 88,322 42,478 712,543 63,403 1,001,609

1) Including land perpetual usufruct.

2) Positions "Transfers to assets held for sale in accordance with IFRS 5" present the transfer of assets of PZU Lithuania to assets available for sale in relation to transaction described in Note 2.4.1. The decrease of assets was translated at average rate described in Note 5.3.

"Reclassifications to investment property" include the same values, as explained in Note 33.