Universal Registration Document 2023

Note 14 Property, plant and equipment, net

(in millions of euros)	Land and buildings	Fixtures and fittings	IT equipment	Other	Total
Gross values at December 31, 2022	Gross values at December 31, 2022 Land and buildings 167	Gross values at December 31, 2022 Fixtures and fittings 716	Gross values at December 31, 2022 IT equipment 413	Gross values at December 31, 2022 Other 556	Gross values at December 31, 2022 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 values at December 31, 2022	Gross values at December 31, 2022 Land and buildings 167	Gross values at December 31, 2022 Fixtures and fittings 721	Gross values at December 31, 2022 IT equipment 447	Gross values at December 31, 2022 Other 517	Gross values at December 31, 2022 Total 1,852
Increases	Increases Land and buildings -	Increases Fixtures and fittings 44	Increases IT equipment 27	Increases Other 65	Increases Total 136
Decreases	Decreases Land and buildings -	Decreases Fixtures and fittings (72)	Decreases IT equipment (37)	Decreases Other (47)	Decreases Total (156)
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 -	Change in scope Total 1
Foreign exchange and others	Foreign exchange and others Land and buildings 2	Foreign exchange and others Fixtures and fittings (11)	Foreign exchange and others IT equipment (9)	Foreign exchange and others Other (15)	Foreign exchange and others Total (33)
Gross values at December 31, 2023	Gross values at December 31, 2023 Land and buildings 169	Gross values at December 31, 2023 Fixtures and fittings 682	Gross values at December 31, 2023 IT equipment 429	Gross values at December 31, 2023 Other 520	Gross values at December 31, 2023 Total 1,800
Accumulated amortization at December 31, 2022	Accumulated amortization at December 31, 2022 Land and buildings (18)	Accumulated amortization at December 31, 2022 Fixtures and fittings (442)	Accumulated amortization at December 31, 2022 IT equipment (358)	Accumulated amortization at December 31, 2022 Other (419)	Accumulated amortization at December 31, 2022 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 amortization at December 31, 2022	Accumulated amortization at December 31, 2022 Land and buildings (19)	Accumulated amortization at December 31, 2022 Fixtures and fittings (462)	Accumulated amortization at December 31, 2022 IT equipment (377)	Accumulated amortization at December 31, 2022 Other (383)	Accumulated amortization at December 31, 2022 Total (1,242)
Depreciation	Depreciation Land and buildings (1)	Depreciation Fixtures and fittings (48)	Depreciation IT equipment (31)	Depreciation Other (50)	Depreciation Total (130)
Impairment loss ⁽¹⁾	Impairment loss ⁽¹⁾ Land and buildings -	Impairment loss ⁽¹⁾ Fixtures and fittings (9)	Impairment loss ⁽¹⁾ IT equipment -	Impairment loss ⁽¹⁾ Other -	Impairment loss ⁽¹⁾ Total (9)
Decreases	Decreases Land and buildings -	Decreases Fixtures and fittings 72	Decreases IT equipment 37	Decreases Other 47	Decreases Total 156
Change in scope	Change in scope Land and buildings -	Change in scope Fixtures and fittings -	Change in scope IT equipment -	Change in scope Other -	Change in scope Total -
Foreign exchange and others	Foreign exchange and others Land and buildings (2)	Foreign exchange and others Fixtures and fittings 5	Foreign exchange and others IT equipment 8	Foreign exchange and others Other 9	Foreign exchange and others Total 21
Accumulated amortization at December 31, 2023	Accumulated amortization at December 31, 2023 Land and buildings (22)	Accumulated amortization at December 31, 2023 Fixtures and fittings (442)	Accumulated amortization at December 31, 2023 IT equipment (363)	Accumulated amortization at December 31, 2023 Other (377)	Accumulated amortization at December 31, 2023 Total (1,204)
Net value at December 31, 2023	Net value at December 31, 2023 Land and buildings 147	Net value at December 31, 2023 Fixtures and fittings 240	Net value at December 31, 2023 IT equipment 66	Net value at December 31, 2023 Other 143	Net value at December 31, 2023 Total 596

Land and buildings

As of December 31, 2023, the net amount of the property assets directly owned by Publicis listed on the balance sheet was euro 147 million.

The Group’s main property asset is its corporate head quarters 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 Publicisdrugstore, and two public movie theaters.

Fixtures and fittings

The euro (9) million impairment loss in 2023 corresponds to fittings for leased properties (see Note 7).

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.