15 – Property, plant and equipment

The transfers were mainly referring to the shift of the intangible assets related to Maui in New Zealand to tangible assets, as the status of proved reserves was achieved.

Property, plant and equipment with a total carrying amount of EUR 745 mn (2020: EUR 950 mn) were transferred to assets held for sale, mainly related to the planned sale of Borealis’s nitrogen business and the retail business in Slovenia. For more details please see Note 20 – Assets and liabilities held for sale.

Further details on impairments and write-ups can be found in Note 7 – Depreciation, amortization, impairments and write-ups.

In 2021 the contractual commitments for acquisitions of fixed assets were mainly related to activities in Exploration & Production and Chemicals & Materials. The decrease of contractual obligations in 2021 was mainly related to commitments in Norway and the project PDH Kallo in Borealis.

OMV as a lessee

Right-of-use assets included mainly leases of filling station sites and buildings, other land, vessels and office buildings. In addition, OMV leases mainly a hydrogen plant at Petrobrazi refinery in Romania, technical equipment and vehicles.

Right-of-use assets with a total carrying amount of EUR 53 mn were transferred to assets held for sale, mainly related to planned sale of the retail business in Slovenia as well as the nitrogen business in Borealis and are represented in the line other movements.

Leases not yet commenced in 2021 but committed amounted to EUR 26 mn.

For information on lease liabilities see Note 24 – Liabilities.