PROPERTY, PLANT AND EQUIPMENT

3 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Property, plant and equipment comprised the following at March 31, 2013 and December 31, 2012:



	March 31, 2013			December 31, 2012
Land and buildings	$	158,918		$	164,395
Machinery, fixtures and equipment	208,028			215,776
Other equipment	36,644			38,091
Software licenses	48,941			49,466
Construction in progress	13,585			14,954
Total cost	466,116			482,682
Less: Accumulated depreciation	(272,466		)	(275,976		)
Total net book value	$	193,650		$	206,706

Assets held under capital leases (included in the above)
Land and buildings	$	4,571		$	6,042
Machinery, fixtures and equipment	3,732			3,792
Total cost	8,303			9,834
Less: Accumulated depreciation	(3,152		)	(3,077		)
Net book value	$	5,151		$	6,757

The movement in the net book value of property, plant and equipment during the three months ended March 31, 2013 and 2012 is comprised of:



	For the Three Months Ended March 31,
	2013			2012
Opening balance	$	206,706		$	217,367
Cash additions	10,230			7,339
Disposals	(51		)	(279		)
Depreciation	(10,234		)	(11,880		)
Foreign currency movements	(6,773		)	6,947
Other movements	(6,228		)	383
Ending balance	$	193,650		$	219,877

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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