• 9.2 Other property, plant and equipment and intangible assets

9.2 Other property, plant and equipment and intangible assets

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in PLN millions, unless otherwise stated

Other property, plant and equipment are recognised at cost less accumulated depreciation and accumulated impairment losses. Depreciation is done using the straight-line method.

For individual groups of fixed assets, the following useful lives have been adopted:

The Group

Total useful lives
Buildings 25-60 years
Technical equipment and machines 4-15 years
Motor vehicles 3-14 years
Other fixed assets 5-10 years

Intangible assets presented as “other intangible assets” include in particular: acquired property rights not related to mining operations and software. These assets are measured at cost less any accumulated amortisation and impairment losses.

Intangible assets are amortised using the straight-line method over their anticipated useful lives. The useful lives of the main groups of intangible assets are as follows:

The Group Total useful lives
Acquired property rights not related to mining activities 5-50 years
Software 2-5 years
Other intangible assets 40-50 years
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Other property, plant and equipment and intangible assets

 

Property, plant and equipment

 Intangible assets Total
Buildings and land Technical equipment, machines, motor vehicles and other fixed assets Fixed assets under construction
As at 31 December 2019
Gross carrying amount 2 708 2 600 173 479 5 960
Accumulated depreciation/amortisation (831) (1 441) – (195) (2 467)
Impairment losses (244) (136) – (129) (509)
Net carrying amount, of which 1 633 1 023 173 155 2 984
own fixed assets and intangible assets 1 452 972 173 155 2 752
Settlement of fixed assets under construction 97 240 (337) – –
Purchase – – 299 21 320
Self-constructed – – 120 1 121
Leases – new contracts, modification of existing contracts (1) 18 – – 17
Note 4.1 Depreciation/amortisation, of which: (70) (203) – (21) (294)
own fixed assets and intangible assets (69) (185) – (21) (275)
right-to-use (leased fixed assets) (1) (18) – – (19)
Note 4.4 (Recognition)/reversal of impairment losses (96) (45) (2) (13) (156)
Other changes (20) (6) 34 (2) 6
As at 31 December 2020
Gross carrying amount 2 782 2 754 288 491 6 315
Accumulated depreciation/amortisation (899) (1 549) – (207) (2 655)
Impairment losses (340) (178) (1) (143) (662)
Net carrying amount, of which: 1 543 1 027 287 141 2 998
own fixed assets and intangible assets 1 377 976 287 141 2 781
leased fixed assets (right-to-use) 166 51 – – 217
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  		Property, plant and equipment Intangible assets Total
Buildings and land Technical equipment, machines, motor vehicles and other fixed assets
Fixed assets under construction		 Fixed assets under construction
As at 1 January 2020
Gross carrying amount 2 782 2 754 288 491 6 315
Accumulated depreciation/amortisation (899) (1 549) – (207) (2 655)
Impairment losses (340) (178) (1) (143) (662)
Net carrying amount, of which: 1 543 1 027 287 141 2 998
own fixed assets and intangible assets 1 377 976 287 141 2 781
leased fixed assets (right-to-use) 166 51 – – 217
Changes in 2021 net
Settlement of fixed assets under construction 83 385 (468) – –
Purchase – – 307 138 445
Self-constructed – – 78 1 79
Leases – new contracts, modification of existing contracts 2 14 – – 16
Note 4.1 Depreciation/amortisation, of which: (84) (221) – (25) (330)
own fixed assets and intangible assets (83) (203) – (25) (311)
right-to-use (leased fixed assets) (1) (18) – – (19)
Note 4.4 (Recognition)/reversal of impairment losses (55) (81) (4) – (140)
Reclassification to assets held for sale (2) – – – (2)
Other changes 11 – 11 ( 5) 17
As at 31 December 2021
Gross carrying amount 2 897 3 058 216 624 6 795
Accumulated depreciation/amortisation (993) (1 676) – (230) (2 899)
Impairment losses (404) (258) (5) (144) (811)
Net carrying amount, of which: 1 500 1 124 211 250 3 085
own fixed assets and intangible assets, of which: 1 334 1 078 211 250 2 873
recognised in assets held for sale (disposal group) 197 11 2 – 210
recognised as “other property, plant and equipment and intangible assets” 1 137 1 067 209 250 2 663
leased fixed assets (right-to-use) , of which: 166 46 – – 212
recognised in assets held for sale (disposal group) 32 – – – 32
recognised as “other property, plant and equipment and intangible assets” 134 46 – – 180
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9.1.3 Expenses related to mining and metallurgical assets
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9.3 Depreciation / amortisation

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