Capital expenditure

Gross capital expenditure in the financial period totalled EUR 513 million (187), which comprised EUR 402 million (97) in acquisitions and investments in securities, and EUR 111 million (90) in intangible assets and property, plant and equipment. Depreciation, amortisations and impairment for the financial period amounted to EUR 139 million (113).

Maintenance capital expenditure for 2012 was below depreciation. For 2013, maintenance capital expenditure will be in line with depreciation.

Gross capital expenditure

Gross capital expenditure in 2012 is on a higher level due to the acquisition of Hamworthy.



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