Assets held for sale
A non-current asset is classified as held for sale if the corresponding carrying amount is mainly realizable through a sales transaction and a sale is highly likely. Assets held for sale are measured at the lower of the carrying amount and fair value less costs to sell. If the criteria for classifying an asset as held for sale no longer apply, it is returned to fixed assets at the lower value of its amortized cost and the recoverable amount.
The balance sheet in the current year included non-current assets held for sale amounting to € 5,955 thousand (previous year: € 0 thousand). This relates to a property, including buildings, of Aurubis Switzerland, SA, which is up for sale (see Note 16).