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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2019
Property, plant and equipment [abstract]  
PROPERTY, PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT
 
Land
 
Industrial
buildings
 
Plant, machinery and equipment
 
Other
assets
 
Advances and assets under construction
 
Total
 
(€ thousand)
Gross carrying amount at
January 1, 2018
23,537

 
341,749

 
1,959,462

 
136,991

 
56,760

 
2,518,499

Additions
25

 
14,710

 
81,936

 
9,679

 
194,444

 
300,794

Divestitures

 
(641
)
 
(16,684
)
 
(2,740
)
 
(238
)
 
(20,303
)
Reclassification

 
17,225

 
16,853

 
1,137

 
(35,215
)
 

Translation differences and other movements
12

 
330

 
(3,130
)
 
(593
)
 
(560
)
 
(3,941
)
Balance at December 31, 2018
23,574

 
373,373

 
2,038,437

 
144,474

 
215,191

 
2,795,049

Impact of IFRS adoption at January 1, 2019

 
17,226

 
10,011

 
36,298

 

 
63,535

Additions
30

 
15,560

 
176,235

 
18,102

 
142,227

 
352,154

Divestitures

 
(884
)
 
(11,281
)
 
(7,673
)
 
(459
)
 
(20,297
)
Reclassification

 
5,937

 
148,102

 
1,524

 
(155,563
)
 

Translation differences and other movements
5

 
(2,554
)
 
16

 
(197
)
 

 
(2,730
)
Balance at December 31, 2019
23,609

 
408,658

 
2,361,520

 
192,528

 
201,396

 
3,187,711

 
 
 
 
 
 
 
 
 
 
 
 
Accumulated amortization at January 1, 2018

 
142,260

 
1,555,769

 
110,210

 

 
1,808,239

Depreciation

 
10,407

 
136,793

 
9,184

 

 
156,384

Divestitures

 
(627
)
 
(15,976
)
 
(2,621
)
 

 
(19,224
)
Translation differences and other movements

 
2,864

 
(1,050
)
 
(2,714
)
 

 
(900
)
Balance at December 31, 2018

 
154,904

 
1,675,536

 
114,059

 

 
1,944,499

Depreciation

 
15,443

 
159,302

 
16,737

 

 
191,482

Divestitures

 
(417
)
 
(11,001
)
 
(3,917
)
 

 
(15,335
)
Translation differences and other movements

 
(2,798
)
 
2

 
209

 

 
(2,587
)
Balance at December 31, 2019

 
167,132

 
1,823,839

 
127,088

 

 
2,118,059

 
 
 
 
 
 
 
 
 
 
 
 
Carrying amount at:
 
 
 
 
 
 
 
 
 
 
 
January 1, 2018
23,537

 
199,489

 
403,693

 
26,781

 
56,760

 
710,260

December 31, 2018
23,574

 
218,469

 
362,901

 
30,415

 
215,191

 
850,550

December 31, 2019
23,609

 
241,526

 
537,681

 
65,440

 
201,396

 
1,069,652

   of which right-of use assets under IFRS 16

 
15,834

 
7,612

 
34,319

 

 
57,765


Additions for the periods presented mainly relate to car production and engine assembly lines (including those for models to be launched in future years), industrial tools used for the production of cars, and our personalization programs.
As a result of adopting IFRS 16 - Leases on January 1, 2019, the Group recognized right-of-use assets of €63,535 thousand (and related lease liabilities) in relation to leases which had previously been classified as operating leases under IAS 17. For further details of the impact of adoption, see Note 2 “Significant Accounting Policies - New standards and amendments effective from January 1, 2019 - IFRS 16-Leases”.
The following table summarizes the changes in the carrying amount of right-of-use assets for the year ended December 31, 2019:
 
Industrial buildings
 
Plant, machinery and equipment
 
Other assets
 
Total
 
(€ thousand)
Balance at December 31, 2018 (*)
9

 

 
765

 
774

Impact of IFRS 16 adoption
17,226

 
10,011

 
36,298

 
63,535

Balance at January 1, 2019
17,235

 
10,011

 
37,063

 
64,309

Additions
3,532

 
2,800

 
6,428

 
12,760

Depreciation
(4,664
)
 
(5,023
)
 
(7,380
)
 
(17,067
)
Translation differences and other movements
(269
)
 
(176
)
 
(1,792
)
 
(2,237
)
Balance at December 31, 2019
15,834

 
7,612

 
34,319

 
57,765

___________________________
(*) Relates to lease assets that were previously recognized as ‘finance leases’ under IAS 17 - Leases.

Amounts recognized in the income statement in relation to leases for the year ended December 31, 2019 were as follows:
 
For the year ended December 31, 2019
 
(€ thousand)
Depreciation of right-of-use assets
17,067

Interest expense on lease liabilities
1,172

Variable lease payments not included in the measurement of lease liabilities
1,143

Expenses relating to short-term leases and leases of low-value assets
4,635

Total expenses recognized
24,017


At December 31, 2019, the Group had contractual commitments for the purchase of property, plant and equipment amounting to €105,335 thousand (€146,281 thousand at December 31, 2018).