5.3.22Assets Held For Sale

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

Assets held for sale

31 December 2016

31 December 2015

Book value at 1 January

-

13

Reclassified assets

12

-

Disposal

(11)

-

Other movements

-

(13)

Book value at 31 December

1

-

In July 2016, the Company sold FPSO Falcon impacting the Lease and Operate segment.

In 2015, the Company completed the disposal of FPSO Brasil and VLCC Alba reported in the segment Lease and Operate.