x € 1,000
|
31 December 2023 |
31 December 2022 |
|
|
Contractual commitments for: |
||
|
- acquisition of property, plant and equipment |
6,966 |
8,093 |
|
- acquisition of land |
11,038 |
6,366 |
|
18,004 |
14,459 |
Contractual commitments for acquisition of property, plant and equipment of € 7.0 million (2022: € 8.0 million) are related to plant (mainly electrical equipment) for Heijmans Infra.
There are no Group guarantees for the capital expenditure commitments (2022: none).
In general, the contractual commitments to purchase land will materialise in one to 10 years.
No investment commitments have been entered into by joint operations in which Heijmans participates (2022: none).
6.27a Contractual commitments joint ventures
The joint ventures in which Heijmans participates have undertaken investment commitments of € 23 million (2022: € 26 million), this amount being Heijmans’ share of the commitments. This pertains primarily to the acquisition of land for the construction of homes shortly after acquisition.