(2) Property, plant and equipment

EUR '000

 

30/06/2022

 

30/06/2021

 

 

 

 

 

Land, land rights and buildings including buildings on third-party land

 

140,858

 

147,014

Other equipment, operating and office equipment

 

31,595

 

36,440

 

 

172,453

 

183,454

Property, plant and equipment primarily relates to the stadium, the BVB FanWelt service centre, the Rheinlanddamm plot of land and the administration building located there, and the plot of land at Strobelallee 81. The facilities at the training ground in Dortmund-Brackel, the youth academy, the football academy, the catering areas at the stadium, the administrative headquarters and the associated operating and office equipment constitute further components of this item.

In the current financial year, investments were made in the training ground in Dortmund-Brackel and in SIGNAL IDUNA PARK.

The investments made in the Dortmund-Brackel training ground related in particular to medical devices, a backstop fence and athletic equipment.

The investments in SIGNAL IDUNA PARK related primarily to the hospitality areas and the new public address system that was brought online.

The items of property, plant and equipment recognised in the statement of financial position as a result of a lease consist of buildings and other facilities (e.g., sport pitches and outdoor grounds) at the Dortmund-Brackel training ground and the youth centre.

In addition, the flood lighting system and the advertising boards in the upper stands at SIGNAL IDUNA PARK as well as the Borussia Dortmund fan shops were also included in the property, plant and equipment recognised under leases.

As at 30 June 2022, the following right-of-use assets at the Dortmund-Brackel training ground related to the corresponding items in the statement of financial position:

EUR '000

 

Net carrying amounts 30/06/2022

 

 

 

Buildings

 

11,813

Operating and office equipment

 

1,291

 

 

13,104

In the previous year, assets with net carrying amounts of EUR 14,169 thousand were recognised, of which EUR 12,661 thousand was attributable to buildings and EUR 1,508 thousand to operating and office equipment.

Borussia Dortmund reported additions for right-of-use assets recognised under property, plant and equipment amounting to EUR 552 thousand (previous year: EUR 1,106 thousand). This was offset by depreciation and write-downs of EUR 3,019 thousand (previous year: EUR 3,285 thousand).

Current and non-current lease liabilities are presented minus payments already made.

The interest expense incurred for these items amounted to EUR 675 thousand (previous year: EUR 772 thousand) and is reported under finance costs in the consolidated statement of comprehensive income.

There is an option to purchase the training ground in Dortmund-Brackel once the lease there expires in 2023.

Essentially all of the risks and opportunities in connection with the leased assets have been transferred to Borussia Dortmund.

Changes in property, plant and equipment were as follows:

EUR '000

 

Land, land rights and buildings, including buildings on third-party land

 

Other equipment, operating and office equipment

 

Total

 

 

 

 

 

 

 

Cost

 

 

 

 

 

 

As at 30 June 2020

 

259,871

 

95,999

 

355,870

Additions

 

351

 

4,114

 

4,465

Disposals

 

0

 

1,002

 

1,002

As at 30 June 2021

 

260,222

 

99,111

 

359,333

Additions

 

98

 

2,375

 

2,473

Disposals

 

117

 

34

 

151

As at 30 June 2022

 

260,203

 

101,452

 

361,655

 

 

 

 

 

 

 

Depreciation, amortisation and write-downs

 

 

 

 

 

 

As at 30 June 2020

 

107,102

 

55,731

 

162,833

Additions

 

6,106

 

7,497

 

13,603

Disposals

 

0

 

557

 

557

As at 30 June 2021

 

113,208

 

62,671

 

175,879

Additions

 

6,137

 

7,219

 

13,356

Disposals

 

0

 

33

 

33

As at 30 June 2022

 

119,345

 

69,857

 

189,202

 

 

 

 

 

 

 

Carrying amounts

 

 

 

 

 

 

As at 30 June 2020

 

152,769

 

40,268

 

193,037

As at 30 June 2021

 

147,014

 

36,440

 

183,454

As at 30 June 2022

 

140,858

 

31,595

 

172,453

1st match day / 14.08.2021

BVB - Eintracht Frankfurt 5:2

Sporting Highlights