Universal Registration Document 2022

6.6 Notes To The Consolidated Financial statements

Note 13 Property, plant and equipment, net

(in millions of euros)	Land and buildings	Fixtures and fittings	IT equipment	Other	Total
Gross value at December 31, 2020	Gross value at December 31, 2020 Land and buildings 167	Gross value at December 31, 2020 Fixtures and fittings 703	Gross value at December 31, 2020 IT equipment 390	Gross value at December 31, 2020 Other 518	Gross value at December 31, 2020 Total 1,778
Increases	Increases Land and buildings -	Increases Fixtures and fittings 26	Increases IT equipment 32	Increases Other 48	Increases Total 106
Decreases	Decreases Land and buildings -	Decreases Fixtures and fittings (61)	Decreases IT equipment (33)	Decreases Other (31)	Decreases Total (125)
Change in scope	Change in scope Land and buildings -	Change in scope Fixtures and fittings -	Change in scope IT equipment 1	Change in scope Other 1	Change in scope Total 2
Foreign exchange and others	Foreign exchange and others Land and buildings -	Foreign exchange and others Fixtures and fittings 48	Foreign exchange and others IT equipment 23	Foreign exchange and others Other 20	Foreign exchange and others Total 91
Gross value at December 31, 2021	Gross value at December 31, 2021 Land and buildings 167	Gross value at December 31, 2021 Fixtures and fittings 716	Gross value at December 31, 2021 IT equipment 413	Gross value at December 31, 2021 Other 556	Gross value at December 31, 2021 Total 1,852
Increases	Increases Land and buildings -	Increases Fixtures and fittings 47	Increases IT equipment 46	Increases Other 59	Increases Total 152
Decreases	Decreases Land and buildings -	Decreases Fixtures and fittings (55)	Decreases IT equipment (22)	Decreases Other (110)	Decreases Total (187)
Change in scope	Change in scope Land and buildings -	Change in scope Fixtures and fittings (4)	Change in scope IT equipment (1)	Change in scope Other 2	Change in scope Total (3)
Foreign exchange and others	Foreign exchange and others Land and buildings -	Foreign exchange and others Fixtures and fittings 17	Foreign exchange and others IT equipment 11	Foreign exchange and others Other 10	Foreign exchange and others Total 38
Gross value at December 31, 2022	Gross value at December 31, 2022 Land and buildings 167	Gross value at December 31, 2022 Fixtures and fittings 721	Gross value at December 31, 2022 IT equipment 447	Gross value at December 31, 2022 Other 517	Gross value at December 31, 2022 Total 1,852
Accumulated depreciation at December 31, 2021	Accumulated depreciation at December 31, 2021 Land and buildings (18)	Accumulated depreciation at December 31, 2021 Fixtures and fittings (442)	Accumulated depreciation at December 31, 2021 IT equipment (358)	Accumulated depreciation at December 31, 2021 Other (419)	Accumulated depreciation at December 31, 2021 Total (1,237)
Depreciation	Depreciation Land and buildings (1)	Depreciation Fixtures and fittings (56)	Depreciation IT equipment (34)	Depreciation Other (50)	Depreciation Total (141)
Impairment loss⁽¹⁾	Impairment loss ⁽¹⁾ Land and buildings -	Impairment loss ⁽¹⁾ Fixtures and fittings (12)	Impairment loss ⁽¹⁾ IT equipment -	Impairment loss ⁽¹⁾ Other -	Impairment loss ⁽¹⁾ Total (12)
Decreases	Decreases Land and buildings -	Decreases Fixtures and fittings 55	Decreases IT equipment 22	Decreases Other 96	Decreases Total 173
Change in scope	Change in scope Land and buildings -	Change in scope Fixtures and fittings 3	Change in scope IT equipment -	Change in scope Other -	Change in scope Total 3
Foreign exchange and others	Foreign exchange and others Land and buildings -	Foreign exchange and others Fixtures and fittings (10)	Foreign exchange and others IT equipment (7)	Foreign exchange and others Other (10)	Foreign exchange and others Total (28)
Accumulated depreciation at December 31, 2022	Accumulated depreciation at December 31, 2022 Land and buildings (19)	Accumulated depreciation at December 31, 2022 Fixtures and fittings (462)	Accumulated depreciation at December 31, 2022 IT equipment (377)	Accumulated depreciation at December 31, 2022 Other (383)	Accumulated depreciation at December 31, 2022 Total (1,242)
Net value at December 31, 2022	Net value at December 31, 2022 Land and buildings 148	Net value at December 31, 2022 Fixtures and fittings 259	Net value at December 31, 2022 IT equipment 70	Net value at December 31, 2022 Other 134	Net value at December 31, 2022 Total 610

(1) See Note 6.

Land and buildings

At December 31, 2022, the net amount of the property assets directly owned by Publicis listed on the balance sheet was euro 148 million.

The Groupe’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 Groupe companies, and 1,500 sq.m. of commercial space, occupied by Publicisdrugstore, and two public movie theaters.

Fixtures and fittings

The euro 12 million impairment loss in 2022 corresponds to fittings for leased properties (see Note 6).

Other property, plant and equipment

The Groupe owns a considerable array of IT equipment used for the creation and production of advertising, the management of media buying and administrative work.