12. PROPERTY, PLANT AND EQUIPMENT Land and buildings Machinery and equipment Fixtures, fittings and other Total Cost Balance at January 1, 2010 $ 252,658 $ 895,147 $ 17,728 $ 1,165,533 Acquisitions through business combinations — 2,585 48 2,633 Other additions 9,597 74,546 1,651 85,794 Disposals (888) (20,303) (105) (21,296) Effect of movements in exchange rates (15,266) (51,043) (1,326) (67,635) Balance at December 31, 2010 $ 246,101 $ 900,932 $ 17,996 $ 1,165,029 Acquisitions through business combinations — 3,133 174 3,307 Other additions 13,437 66,621 1,389 81,447 Disposals (17) (13,812) (54) (13,883) Effect of movements in exchange rates (971) (23,518) (1,924) (26,413) Balance at December 31, 2011 $ 258,550 $ 933,356 $ 17,581 $ 1,209,487 Accumulated depreciation and impairment losses Balance at January 1, 2010 $ 57,290 $ 353,511 $ 10,025 $ 420,826 Depreciation for the year 9,647 77,454 2,229 89,330 Disposals (678) (16,986) (103) (17,767) Effect of movements in exchange rates (4,971) (25,874) (918) (31,763) Balance at December 31, 2010 $ 61,288 $ 388,105 $ 11,233 $ 460,626 Depreciation for the year 9,875 82,055 1,876 93,806 Disposals (2) (12,806) (50) (12,858) Effect of movements in exchange rates (899) (17,477) (1,810) (20,186) Balance at December 31, 2011 $ 70,262 $ 439,877 $ 11,249 $ 521,388 Carrying amounts At January 1, 2010 $ 195,368 $ 541,636 $ 7,703 $ 744,707 At December 31, 2010 $ 184,813 $ 512,827 $ 6,763 $ 704,403 At December 31, 2011 $ 188,288 $ 493,479 $ 6,332 $ 688,099 CCL Industries Inc. 2011 Annual Report 63