C13. Property, plant and equipment

The carrying value was distributed and changed as follows.

SEK in millions

Dec 31,
2016

Dec 31,
2015

Dec 31,
2016

Dec 31,
2015

Dec 31,
2016

Dec 31,
2015

Dec 31,
2016

Dec 31,
2015

Property

Plant and machinery

Equipment, tools and
installations

Total

Accumulated cost

8,049

7,702

183,301

181,877

7,659

7,470

199,009

197,050

Accumulated depreciation

-4,411

-4,158

-119,999

-120,117

-4,990

-4,931

-129,401

-129,205

Accumulated impairment losses

-515

-751

-10,885

-11,920

-104

-162

-11,504

-12,833

Advances

3

81

0

3

82

Carrying value

3,124

2,794

52,419

49,922

2,565

2,378

58,107

55,093

of which assets under construction

6,759

5,621

6,759

5,621

Carrying value, opening balance

2,794

4,216

49,922

62,458

2,378

2,996

55,093

69,669

Investments

365

183

11,581

14,477

893

758

12,838

15,418

of which capitalized interest

70

66

70

66

Sales and disposals

-1

-39

-215

-337

-7

-55

-223

-431

Dismantling and restoration

-4

218

295

-3

211

295

Operations acquired

2

0

21

288

0

52

23

340

Operations divested

-2

-2,231

-50

-2,283

Grants received

-3

-4

-18

-4

-21

Reclassifications

78

211

-491

-555

297

292

-117

-53

Depreciation for the year, continuing operations

-224

-206

-7,660

-7,197

-998

-926

-8,882

-8,329

Depreciation for the year, discontinued operations

-81

-2,502

-120

-2,703

Impairment losses for the year, continuing operations

-1

-24

-14

-4

0

-28

-14

Impairment losses for the year, discontinued operations

-3,378

-3,378

Advances

-4

-29

13

-20

Exchange rate differences

118

-561

1,301

-4,511

66

-229

1,485

-5,301

Reclassification to assets classified as held for sale

-922

-9,054

-6

-404

-6

-10,379

Carrying value, closing balance

3,124

2,794

52,419

49,922

2,565

2,378

58,107

55,093

No general changes of useful lives were made in 2016. For depreciation rates applied, see section “Useful lives” in Note C2 “Key sources of estimation uncertainty.” In the statement of comprehensive income, depreciation and impairment losses are included in all expense line items by function as well as in line item Other operating expenses, see Notes C7 “Expenses by nature” and C8 “Other operating income and expenses.” For information on contractual obligations regarding future acquisitions of property, plant and equipment, see Note C29 “Contingencies, other contractual obligations and litigation.”

Property

Telia Company’s real estate holdings include approximately 3,800 properties, mainly in Sweden and Finland. The substantial majority is used solely for technical facilities, like network installations, computer installations, research centers and service outlets.

The total carrying value of property was distributed by depreciable/non-depreciable assets as follows.

SEK in millions

Dec 31, 2016

Dec 31, 2015

Depreciable property (buildings, etc.)

2,755

2,456

Non-depreciable property (land)

369

338

Total property

3,124

2,794