Additional notes to the company financial statements
42. Tangible fixed assets
Movements in tangible fixed assets in 2024 were as follows:
| In millions of euros | Carrying amount as at 1 Jan. 2024 | Investments | Disposals | Depreciation | Carrying amount as at 31 Dec. 2024 |
|---|---|---|---|---|---|
| Right-of-use assets | 80.2 | 12.6 | - | -8.5 | 84.3 |
| Total for 2024 financial year | 80.2 | 12.6 | - | -8.5 | 84.3 |
At the end of 2024, the tangible fixed assets consisted entirely of right-of-use assets belonging to certain lease contracts. We have economic but not legal ownership of these right-of-use assets. Right-of-use assets concern mainly land and buildings and the company vehicles. The current value of the assets does not differ significantly from the carrying amount.
Movements in tangible fixed assets in 2023 were as follows:
| In millions of euros | Carrying amount as at 1 Jan. 2023 | Investments | Disposals | Depreciation | Carrying amount as at 31 Dec. 2023 |
|---|---|---|---|---|---|
| Right-of-use assets | 84.8 | 2.6 | - | -7.2 | 80.2 |
| Total for 2023 financial year | 84.8 | 2.6 | - | -7.2 | 80.2 |
The cost and accumulated depreciation (including impairments) were as follows:
| In millions of euros | Costs as at 31 Dec. 2024 | Accumulated depreciation as at 31 Dec. 2024 * | Costs as at 31 Dec. 2023 | Accumulated depreciation as at 31 Dec. 2023 * |
|---|---|---|---|---|
| Right-of-use assets | 127.3 | -43.0 | 114.7 | -34.5 |
| Total | 127.3 | -43.0 | 114.7 | -34.5 |