ANNUAL REPORT 2012

Financials

15. Investment property


EUR million 2012 2011
Historical cost, Jan 1 18.8 18.6
Translation differences -0.2 0.3
Decreases -1.0 -0.1
Historical cost, Dec 31 17.6 18.8



Accumulated depreciation, Jan 1 12.6 11.0
Translation differences -0.1 0.3
Depreciation and impairment for the period 0.4 1.4
Decreases -0.7 -0.1
Accumulated depreciation and impairment, Dec 31 12.1 12.6



Net book value, Dec 31 5.5 6.2



Fair value

Investment Property comprises the parent company properties in Fiskars Village, Finland, and the leasing properties of Fiskars Brands, Inc. in the US that are not in Group's operational use. Properties in Fiskars Village are unique in their cultural and historical values. Therefore it is not possible to determine a comparable market value on the properties.


Book values by countries

EUR million 2012 2011
Finland 4.6 5.2
USA 0.8 1.0
Total 5.5 6.2