| (in millions of euros) | Land and buildings | Fixtures and fittings | IT equipment | Others | Maturity |
|---|---|---|---|---|---|
(in millions of euros) Gross value at January 1, 2018 |
Land and buildings 268 |
Fixtures and fittings 508 |
IT equipment 376 |
Others 486 |
Maturity 1,638 |
(in millions of euros) First-time application of IFRS 16 |
Land and buildings (90) |
Fixtures and fittings - |
IT equipment - |
Others - |
Maturity (90) |
(in millions of euros) Reclassification |
Land and buildings
|
Fixtures and fittings 119 |
IT equipment
|
Others (119) |
Maturity - |
(in millions of euros) Increases |
Land and buildings - |
Fixtures and fittings 146 |
IT equipment 38 |
Others 36 |
Maturity 220 |
(in millions of euros) Decreases |
Land and buildings (11) |
Fixtures and fittings (67) |
IT equipment (35) |
Others (35) |
Maturity (148) |
(in millions of euros) Changes to consolidation scope |
Land and buildings - |
Fixtures and fittings (1) |
IT equipment (1) |
Others - |
Maturity (2) |
(in millions of euros) Translation adjustments and other |
Land and buildings 1 |
Fixtures and fittings 10 |
IT equipment 4 |
Others 2 |
Maturity 17 |
(in millions of euros) Gross value at December 31, 2018 |
Land and buildings 168 |
Fixtures and fittings 715 |
IT equipment 382 |
Others 370 |
Maturity 1,635 |
(in millions of euros) Increases |
Land and buildings - |
Fixtures and fittings 82 |
IT equipment 24 |
Others 48 |
Maturity 154 |
(in millions of euros) Decreases |
Land and buildings (1) |
Fixtures and fittings (111) |
IT equipment (38) |
Others (55) |
Maturity (205) |
(in millions of euros) Changes to consolidation scope |
Land and buildings (1) |
Fixtures and fittings 60 |
IT equipment 128 |
Others 109 |
Maturity 296 |
(in millions of euros) Translation adjustments and other |
Land and buildings - |
Fixtures and fittings 17 |
IT equipment 8 |
Others 7 |
Maturity 32 |
(in millions of euros) Gross value at December 31, 2019 |
Land and buildings 166 |
Fixtures and fittings 763 |
IT equipment 504 |
Others 479 |
Maturity 1,912 |
(in millions of euros) Accumulated depreciation on December 31, 2018 |
Land and buildings (17) |
Fixtures and fittings (423) |
IT equipment (306) |
Others (278) |
Maturity (1,024) |
(in millions of euros) Increases |
Land and buildings - |
Fixtures and fittings (59) |
IT equipment (38) |
Others (40) |
Maturity (137) |
(in millions of euros) Impairment |
Land and buildings - |
Fixtures and fittings (15) |
IT equipment - |
Others - |
Maturity (15) |
(in millions of euros) Decreases |
Land and buildings - |
Fixtures and fittings 110 |
IT equipment 37 |
Others 51 |
Maturity 198 |
(in millions of euros) Changes to consolidation scope |
Land and buildings - |
Fixtures and fittings (29) |
IT equipment (120) |
Others (47) |
Maturity (196) |
(in millions of euros) Translation adjustments and other |
Land and buildings (1) |
Fixtures and fittings (8) |
IT equipment (6) |
Others (4) |
Maturity (19) |
(in millions of euros) Accumulated depreciation at December 31, 2019 |
Land and buildings (18) |
Fixtures and fittings (424) |
IT equipment (433) |
Others (318) |
Maturity (1,193) |
(in millions of euros) Net value at December 31, 2019 |
Land and buildings 148 |
Fixtures and fittings 339 |
IT equipment 71 |
Others 161 |
Maturity 719 |
Land and buildings
At December 31, 2019, the net amount of the property assets directly owned by Publicis listed on the balance sheet was euro 150 million. The Group’s main property asset is its corporate headquarters located at 133, avenue des Champs-Élysées, in Paris,
France. This seven-story building includes around 12,000 sq.m. of office space occupied by Group companies, and 1,500 sq.m. of commercial space, occupied by Publicis Drugstore and two public movie theaters.
Fixtures and fittings
The euro 15 million impairment loss in 2019 corresponds to fittings for leased properties
(see Note 5).
Other property, plant and equipment
The Group owns a considerable array of IT equipment used for the creation and production of advertising, the management of media buying and administrative work.
