in thousands of EUR

2019

2018

Property for own use

76,614

25,820

Equipment

32,513

12,140

Property not for own use

11,012

11,324

Balance sheet value as at 31 December

120,139

49,284

The movement in the property for own use is as follows:

in thousands of EUR

2019

2018

1

This relates to the transfer in of the properties for own use from the liquidated subsidiaries Kantoor Buitenzorg B.V., Kantoor Nieuweroord B.V. and Triodos Nieuwbouw B.V. in the amount of EUR 60,848 and the transfer out of the Property for own use from the branch in the UK to the subsidiary Triodos Bank UK Ltd in the amount of EUR 13,084.

Purchase value as at 1 January

29,800

30,045

Cumulative revaluation as at 1 January

–1,595

–1,595

Cumulative depreciation as at 1 January

–2,385

–1,816

 

 

 

Balance sheet value as at 1 January

25,820

26,634

Purchase

3,517

Depreciation

–487

–669

Revaluation

Transfer1

47,764

Exchange rate differences

–145

Balance sheet value as at 31 December

76,614

25,820

 

 

 

Purchase value as at 31 December

84,430

29,800

Cumulative revaluation as at 31 December

–1,595

–1,595

Cumulative depreciation as at 31 December

–6,221

–2,385

Balance sheet value as at 31 December

76,614

25,820

The movement in equipment is as follows:

in thousands of EUR

2019

2018

1

The purchase mainly relates to the investment in the installation and inventory of the new office building in The Netherlands.

2

excluding disposal in the amount of EUR 2.6 million (2018: EUR 0.7 million).

3

This relates to the transfer in of the equipment from the liquidated subsidiaries Kantoor Buitenzorg B.V., Kantoor Nieuweroord B.V. and Triodos Nieuwbouw B.V. in the amount of EUR 4,911 and the transfer out of the equipment from the branch in the UK to the subsidiary Triodos Bank UK Ltd in the amount of EUR 1,654.

Purchase value as at 1 January

34,490

33,511

Cumulative depreciation as at 1 January

–22,350

–19,091

 

 

 

Balance sheet value as at 1 January

12,140

14,420

Purchase1

21,432

1,780

Sale2

–4

–54

Depreciation2

–4,252

–3,988

Impairment

–60

Transfer3

3,257

Exchange rate differences

–18

Balance sheet value as at 31 December

32,513

12,140

 

 

 

Purchase value as at 31 December

55,353

34,490

Cumulative depreciation as at 31 December

–22,840

–22,350

Balance sheet value as at 31 December

32,513

12,140

The movement in the property not for own use is as follows:

in thousands of EUR

2019

2018

Purchase value as at 1 January

12,589

10,979

Cumulative depreciation as at 1 January

–1,265

–1,014

 

 

 

Balance sheet value as at 1 January

11,324

9,965

New foreclosed assets

41

1,610

Depreciation

–239

–224

Impairments

–114

–27

Balance sheet value as at 31 December

11,012

11,324

 

 

 

Purchase value as at 31 December

12,630

12,589

Cumulative depreciation as at 31 December

–1,618

–1,265

Balance sheet value as at 31 December

11,012

11,324