Group Management Report Corporate Governance Environment, Safety, and Corporate Social Responsibility Consolidated Financial Statements 107 In 2015, additions of € 14.4 million in the BYK Additives & Instruments division related to U.S. facilities and € 13.5 million to domestic facilities. In the ECKART Effect Pigments division, € 12.7 million were invested in the facilities in Hartenstein, Germany, and € 3.4 million in U.S. facilities. In the ELANTAS Electrical Insulation division, a total of € 7.0 million was invested for the extension of the production and laboratory capacities in Germany and Italy. Additions of € 7.1 million in the ACTEGA Coatings & Sealants division related to investments in Ger- man facilities. In 2014, additions of € 18.4 million in the BYK Additives & Instruments division related to the extension of production facilities in Wallingford (U.S.) for which directly attributable borrowing costs of € 0.5 million were capitalized. The calculation was based on an interest rate of 2.4 %. Furthermore, additions of € 13.1 million related to investments in German facilities. In the ECKART Effect Pigments division, € 8.8 million were invested in the facilities in Hartenstein; additionally, an amount of € 7.8 million was invested in U.S. facilities. In the ELANTAS Electrical Insulation division an amount of € 8.2 million was invested in the exten- sion of production and research capacities in Italy. In the ACTEGA Coatings & Sealants division, additions of € 4.9 million related to investments in German facilities. The change in reporting entities related to the acquisition of Brazilian companies in the ACTEGA Coat- ings & Sealants division (see note 3) with € 1.6 million and to a subsequent adjustment of the allocation of the consideration transferred from the acquisition of the rheology business in the BYK Additives & Instruments division with € - 6.3 million. As of December 31, 2015 and 2014, assets with a net book value of € 1 thousand and € 14 thousand, respectively, related to property, plant and equipment under finance leases, and € 1.0 million and € 1.0 million to investment property. As of December 31, 2015 and 2014, the fair value of this investment property amounted to € 3.7 million and € 3.5 million, respectively. The Company has no restrictions on disposal or other contractual obligations in connections with the investment property. The Company did not receive any significant taxable or non-taxable government grants in 2015 and 2014. In 2015, the ECKART Effect Pigments division recognized an impairment loss of € 8.9 mil- lion for one of its Chinese facilities (see note 13). In 2014, the ACTEGA Coatings & Sealants division recognized an impairment loss of € 3.2 million for its European facilities (see note 13). In 2015, no land or other assets served as security for debts to banks. In 2014, the mort- gage on land and other assets serving as security for loans was released.
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