6.3.22Assets Held For Sale

The movement of the assets held for sale is summarized as follows:

Assets held for sale

31 December 2015

31 December 2014

Book value at 1 January






Other movements



Book value at 31 December



During the first quarter of 2015, the Company completed the disposal of FPSO Brasil and VLCC Alba reported in the segment Lease and Operate. These assets were presented as assets held for sale as of 31 December 2014.

In 2014, the significant decrease of the assets held for sale was mainly related to the sale of a real estate property in Monaco and the DSCV SBM Installer.