Table:
| USDm | 2019 | 2018 | 2017 |
| --- | --- | --- | --- |
| Vessels and capitalized dry-docking |  |  |  |
| Cost: |  |  |  |
| Balance as of 1 January | 1,886.3 | 1,726.6 | 1,697.4 |
| Additions | 81.3 | 162.7 | 103.1 |
| Disposals | -25.6 | -30.2 | -14.3 |
| Transferred from prepayments | 252.3 | 81.8 | - |
| Transferred to assets held for sale | -130.1 | -54.6 | -59.6 |
| Balance as of 31 December | 2,064.2 | 1,886.3 | 1,726.6 |
| Depreciation: |  |  |  |
| Balance as of 1 January | 327.6 | 264.8 | 180.0 |
| Disposals | -25.6 | -30.2 | -14.3 |
| Depreciation for the year | 106.5 | 113.4 | 113.6 |
| Transferred to assets held for sale | -47.9 | -20.4 | -14.5 |
| Balance as of 31 December | 360.6 | 327.6 | 264.8 |
| Impairment: |  |  |  |
| Balance as of 1 January | 162.1 | 167.3 | 173.6 |
| Impairment losses on tangible fixed assets | 6.0 | 3.2 | 3.6 |
| Reversal of impairment ¹⁾ | -120.0 | - | - |
| Transferred to assets held for sale | -19.3 | -8.4 | -9.9 |
| Balance as of 31 December | 28.8 | 162.1 | 167.3 |
| Carrying amount as of 31 December | 1,674.8 | 1,396.6 | 1,294.5 |
Paragraphs:
NOTE 6- continued
¹⁾ For additional information regarding impairment considerations, please refer to note 8.
Included in the carrying amount for "Vessels and capitalized dry-docking" are capitalized drydocking costs in the amount of USD 60.7m (2018: USD 67.5m, 2017: USD 68.1m).
The sale and leaseback transactions in 2019 were all classified as financing arrangements and did not result in derecognition of the underlying assets as control was retained by the Group.
Question:
In which year was the impairment losses on tangible fixed assets the largest?
Answer: Because 6.0>3.6>3.2, the answer is: 2019.