in thousands of EUR

2018

2017

Property for own use

25,820

26,634

Equipment

12,140

14,420

Balance sheet value as at 31 December

37,960

41,054

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

in thousands of EUR

2018

2017

Purchase value as at 1 January

30,045

23,335

Cumulative revaluation as at 1 January

–1,595

–1,781

Cumulative depreciation as at 1 January

–1,816

–1,253

 

 

 

Balance sheet value as at 1 January

26,634

20,301

Purchase

7,279

Depreciation

–669

–584

Revaluation

186

Exchange rate differences

–145

–548

Balance sheet value as at 31 December

25,820

26,634

 

 

 

Purchase value as at 31 December

29,800

30,045

Cumulative revaluation as at 31 December

–1,595

–1,595

Cumulative depreciation as at 31 December

–2,385

–1,816

Balance sheet value as at 31 December

25,820

26,634

The movement in equipment is as follows:

in thousands of EUR

2018

2017

1

excluding disposal in the amount of EUR 0.7 million (2017: EUR 0.6 million).

Purchase value as at 1 January

33,511

31,263

Cumulative depreciation as at 1 January

–19,091

–15,778

 

 

 

Balance sheet value as at 1 January

14,420

15,485

Purchase

1,780

2,997

Sale1

–54

Depreciation1

–3,988

–3,997

Exchange rate differences

–18

–65

Balance sheet value as at 31 December

12,140

14,420

 

 

 

Purchase value as at 31 December

34,490

33,511

Cumulative depreciation as at 31 December

–22,350

–19,091

Balance sheet value as at 31 December

12,140

14,420