9) Depreciation, amortisation and impairment


The notes to the individual items show the breakdown of depreciation, amortisation and impairment charges between intangible assets, aircraft and property, plant and other equipment. Total depreciation, amortisation and impairment came to EUR 1,722m (previous year: EUR 1,654m).

In the financial year 2011 the impairment losses came to EUR 59m in total, of which EUR 57m was recognised for 18 aircraft held for sale or rather to be decommissioned successively in line with current corporate plans and which were written down to fair value less costs to sell or the present value of the forecast net cash proceeds. Other operating expenses include additional write-downs of EUR 21m on aircraft and repairable spare parts for aircraft, which are shown in the balance sheet under assets held for sale.

Impairment losses of EUR 68m were recognised in the financial year 2010. EUR 43m of the total was recognised for a total of 29 aircraft either held for sale or to be decommissioned successively in line with current corporate plans and which were written down to fair value less costs to sell or the present value of the forecast net cash proceeds. Other operating expenses included additional write-downs of EUR 16m on aircraft and repairable spare parts for aircraft, which were shown in the balance sheet for the previous year under assets held for sale. Other impairment charges resulted from the loss of an MD-11 at Lufthansa Cargo in July 2010.

Annual impairment testing in 2011 and 2010 did not result in any impairment losses on goodwill.

Further information on impairment testing can be found in “Note 17”.