Bunge 2004 Annual Report
[partnering for the future][financial highlights][letter to shareholders][our global strategy][financial performance][worldwide locations][shareholder information]

Common Share Market and Dividends
Five-Year Summary of Selected Financial Data
Management's Discussion and Analysis of Financial Condition and Results of Operations
Consolidated Statements of Income
Consolidated Balance Sheets
Consolidated Statements of Cash Flows
Consolidated Statements of Shareholders' Equity
Notes to the Consolidated Financial Statements
Management's Report on Internal Control Over Financial Reporting
Reports of Independent Registered Public Accounting Firm
Financial Performance
notes to the consolidated
financial statements
6. property, plant and equipment, net
Property, plant and equipment consist of the following:

December 31,
(US$ in millions) 2004   2003  
Land $ 140   $ 114  
Mining properties   206     136  
Buildings   917     936  
Machinery and equipment   2,482     2,078  
Furniture, fixtures and other   224     158  
    3,969     3,422  
Less: accumulated depreciation and depletion   (1,810 )   (1,556 )
Plus: construction in process   377     224  
Total      $ 2,536        $ 2,090  

Bunge capitalized interest on construction in progress in the amount of $6 million, $8 million and $6 million in 2004, 2003 and 2002, respectively. Depreciation and depletion expense was $208 million, $182 million and $166 million in 2004, 2003 and 2002, respectively.

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