Tangible assets

6 Months Ended

Jun. 30, 2020

Property, plant and equipment [abstract]

Tangible assets

Tangible assets

a)   Changes in the period

In the first six months of 2020 and 2019, tangible assets (rights of use are not included) were acquired for EUR 2,538 million and EUR 4,053 million, respectively.

Also, in the first six months of 2020 and 2019 tangible asset items were disposed of with a carrying amount of EUR 848 million and EUR 1,004 million respectively, giving rise to a net gain of EUR 27 million and EUR 30 million, respectively.

b)   Property, plant and equipment purchase commitments

At 30 June 2020 and 2019, the Group did not have any significant commitments to purchase property, plant and equipment items.

c) Operating leasing rights

As of 30 June 2020, the Group has tangible assets under lease for the amount of EUR 4,541 million (EUR 5,051 million at 31 December 2019).