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Property, plant and equipment (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure Of Property Plant And Equipment [Abstract]

Summary of Property, Plant and Equipment

Changes in the carrying amount of property, plant and equipment for the years ended December 31, 2021 and 2020 are analysed in the following tables.


	Land and buildings			Machinery and equipment			Office furniture and equipment			Retail gallery and store furnishing			Leasehold improvements			Constr. in progress			Total
Cost as at December 31, 2019		170,815			127,465			15,123			13,732			23,375			255			350,765
Additions		396			897			119			47			541			580			2,580
Disposals		(3,364	)		(3,842	)		(232	)		(60	)		(5,064	)		—			(12,562	)
Reclassifications to assets held for sale		(10,828	)		(15,746	)		(608	)		—			—			—			(27,182	)
Reclassifications from constr. in progress		—			414			—			—			—			(414	)		—
Effect of translation adj.		(3,814	)		(965	)		(68	)		(638	)		560			(61	)		(4,986	)
Cost as at December 31, 2020		153,205			108,223			14,334			13,081			19,412			360			308,615
Additions		1,064			4,573			363			316			615			110			7,041
Disposals		(1,023	)		(1,121	)		(1,086	)		(6,744	)		(1,085	)		—			(11,059	)
Reclassifications from constr. in progress		—			108			169			32			—			(309	)		—
Effect of translation adj.		1,836			341			233			669			1,365			(2	)		4,442
Cost as at December 31, 2021		155,082			112,124			14,013			7,354			20,307			159			309,039


	Land and buildings			Machinery and equipment			Office furniture and equipment			Retail gallery and store furnishing			Leasehold improvements			Constr. in progress			Total
Accumulated depreciation as at December 31, 2019		(92,305	)		(113,673	)		(14,286	)		(12,996	)		(14,982	)		—			(248,242	)
Depreciation		(3,831	)		(2,972	)		(370	)		(467	)		(2,242	)		—			(9,882	)
Disposals		7			3,330			219			52			5,017						8,625
Reclassifications to assets held for sale		8,377			14,878			603			—			—			—			23,858
Effect of translation adj.		1,589			721			62			711			(751	)		—			2,332
Accumulated depreciation as at December 31, 2020		(86,163	)		(97,716	)		(13,772	)		(12,700	)		(12,958	)		—			(223,309	)
Depreciation		(3,590	)		(2,697	)		(320	)		(337	)		(1,631	)		—			(8,575	)
Disposals		125			770			1,032			6,746			1,081			—			9,754
Effect of translation adj.		(1,794	)		(330	)		(174	)		(627	)		(930	)		—			(3,855	)
Accumulated depreciation as at December 31, 2021		(91,422	)		(99,973	)		(13,234	)		(6,918	)		(14,438	)		—			(225,985	)

Net book value as at December 31, 2019		78,510			13,792			837			736			8,393			255			102,523
Net book value as at December 31, 2020		67,042			10,507			562			381			6,454			360			85,306
Net book value as at December 31, 2021		63,660			12,151			779			436			5,869			159			83,054

Annual rate of depreciation for 2021 and 2020	0%-10%			10%-25%			10%-20%			25%-35%			10%-20%				—

Summary of Breakdown of Property, Plant and Equipment by Country

The following tables show a breakdown of property, plant and equipment by country.


		31/12/21				31/12/20
Italy			45,470				45,895
Romania			18,502				19,253
United States of America			13,884				14,778
Brazil			2,753				2,807
Europe			1,253				1,461
China			810				1,109
Other countries			382				3
Total			83,054				85,306

Summary of Breakdown of Property, Plant and Equipment Based on Cash Generating Units

The following tables show a breakdown of property, plant and equipment based on the cash generating units in which they are included.


		31/12/21				31/12/20
Italian upholstered furniture plant			34,704				32,401
Romanian upholstered furniture plant			19,627				20,626
Brazilian upholstered furniture plant			2,978				3,048
Chinese upholstered furniture plant			2,215				2,654
Others			23,530				26,577
Total			83,054				85,306