(2) Property, plant and equipment

Property, plant and equipment primarily relates to the stadium, the BVB FanWelt service centre, the Rheinlanddamm administration building, and the plot of land on which the football academy is located. The training ground in Dortmund-Brackel, the residence hall, the catering areas at the stadium and operating and office equipment constitute further components of this item.

In the current financial year, investments were made in expanding the training ground in Dortmund-Brackel and at SIGNAL IDUNA PARK.

At SIGNAL IDUNA PARK, investment was primarily focused on extending the logistics centre and on the technical infrastructure.

The items of property, plant and equipment recognised in the statement of financial position as a result of a lease consist of buildings and other facilities at the Dortmund-Brackel training ground and the residence hall.

In addition, the vehicle fleet, the flood lighting system and the advertising boards in the upper stands at SIGNAL IDUNA PARK as well as the Borussia Dortmund fan shops were also included in the property, plant and equipment recognised under leases.

As at 30 June 2024, the following right-of-use assets related to the corresponding items in the statement of financial position:

Borussia Dortmund reported additions for right-of-use assets recognised under property, plant and equipment amounting to EUR 1,763 thousand (previous year: EUR 1,223 thousand). This was offset by disposals amounting to EUR 45 thousand (previous year: EUR 2,123 thousand) as well as EUR 2,335 thousand (previous year: EUR 2,893 thousand) in depreciation, of which EUR 728 thousand (previous year: EUR 1,297 thousand) related to buildings and EUR 1,607 thousand (previous year: EUR 1,596 thousand) related to operating and office equipment.

Current and non-current lease liabilities are presented minus payments already made.

The interest expense incurred for these items amounted to EUR 359 thousand (previous year: EUR 538 thousand) and is reported under finance costs in the consolidated statement of comprehensive income.

Essentially all of the risks and opportunities in connection with the leased assets have been transferred to Borussia Dortmund.

Changes in property, plant and equipment were as follows:

Bank loans were secured against registered land charges on land and buildings reported at a carrying amount of EUR 122,071 thousand. Please refer to Note 11 for information about the secured bank loans.