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13. Property, plant & equipment
               
Wärtsilä centralises warehousing and logistics of spare parts by investing in a new distribution centre in the Netherlands. The investments to the new distribution centre amounted to EUR 26 million during the review period and commitments related to the investment were EUR 6 million at the end of the review period.
               
2010              
MEUR Land and water Buildings and structures Machinery and equipment Construction in
progress and
advances paid
Other tangible assets Investment properties Total
Acquisition cost at 1 January 2010 25 251 682 60 63 9 1 092
Changes in exchange rates   8 17 1 1   27
Additions   2 25 43 3 2 75
Disposals -3 -5 -32   -2   -42
Reclassification 3 1 30 -33      
Acquisition cost at 31 December 2010 25 258 724 70 65 11 1 153
               
Accumulated depreciation at 1 January 2010   -117 -471   -46   -634
Changes in exchange rates   -3 -10   -1   -14
Accumulated depreciation on disposals   5 29   1   35
Depreciation during the financial year   -12 -58   -3   -73
Reclassification     1        
Accumulated depreciation at 31 December 2010   -128 -510   -48   -686
               
Book value at 31 December 2010 25 130 214 70 17 11 466
               
Value of finance-leased assets included in book value   2 8       10
               
Investment properties include land areas not used by the Group. Their estimated market value is around EUR 32 million (31). During the period, investment properties were sold totalling EUR 1 million (3) generating a profit of EUR 0 million (2).
               
2009              
MEUR Land and water Buildings and structures Machinery and equipment Construction in progress and advances paid Other tangible assets Investment properties Total
Acquisition cost at 1 January 2009 23 225 600 59 62 11 980
Changes in exchange rates   2 6 1     9
Acquisitions             1
Additions 2 17 55 33 6   112
Disposals   -1 -5 -1 -1 -2 -10
Reclassification   8 26 -31 -3    
Acquisition cost at 31 December 2009 25 251 682 60 63 9 1 092
               
Accumulated depreciation at 1 January 2009   -108 -378   -46   -533
Changes in exchange rates   -1 -5       -6
Accumulated depreciation on disposals   1 5       7
Depreciation during the financial year   -10 -54   -3   -67
Reclassification     -3   3    
Impairments     -36       -36
Accumulated depreciation and impairment at 31 December 2009   -117 -471   -46   -634
               
Book value at 31 December 2009 25 134 211 60 18 9 457
               
Value of finance-leased assets included in book value   2 8       11