Movement in investment property 1 January –
31 December 2022
1 January –
31 December 2021
Net carrying amount at the beginning of the period 2,773 2,493
Additions 176 592
– purchase 146 430
– transfer from property intended for personal use 7
– transfers from held for sale categories under IFRS 5 23 162
Reductions (3) (470)
– sale and liquidation (1)
– transfer to property intended for personal use (2)
– transfers to held for sale categories under IFRS 5 (1) (469)
Gain (loss) on remeasurement to fair value 75 158
– through profit or loss 73 158
– through other comprehensive income 2
Net carrying amount at the end of the period, including 3,021 2,773
– buildings and structures 2,760 2,514
– own land 191 196
– perpetual usufruct right to land and cooperative ownership right to premises 70 63

The item “Perpetual usufruct of land” contains the right to use land for up to 99 years. This right may be traded.

The fair value of investment property results from valuations by independent appraisers conducted mainly in 2022.