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23 Property, plant and equipment


In CHF million
  Land, buildings
and leasehold
improvements
 
Technical
installations
 
Other
assets
  Advances made
and assets
under construction
 

Total
                     
Acquisition costs                    
Balance at 31 December 2013   2,832   25,235   3,403   771   32,241
Additions   9   1,453   237   290   1,989
Disposals   (68)   (656)   (225)     (949)
Additions from business combinations   2     2     4
Adjustment to dismantlement and restoration costs     123   34     157
Reclassifications to non-current assets held for sale   (102)         (102)
Other reclassifications   114   175   170   (471)   (12)
Foreign currency translation adjustments   (2)   (82)       (84)
Balance at 31 December 2014   2,785   26,248   3,621   590   33,244
Additions   4   1,495   252   146   1,897
Disposals   (110)   (1,266)   (144)     (1,520)
Additions from business combinations       1     1
Disposals from sales of subsidiaries     (35)   (4)     (39)
Adjustment to dismantlement and restoration costs     (51)   (4)     (55)
Other reclassifications   92   124   116   (372)   (40)
Foreign currency translation adjustments   (9)   (386)     (2)   (397)
Balance at 31 December 2015   2,762   26,129   3,838   362   33,091
                     
Accumulated depreciation/amortisation and impairment losses                    
Balance at 31 December 2013   2,028   18,778   2,279     23,085
Depreciation and amortisation   31   1,072   287     1,390
Disposals   (41)   (656)   (212)     (909)
Other reclassifications   1   (1)   (2)     (2)
Foreign currency translation adjustments     (40)       (40)
Balance at 31 December 2014   2,019   19,153   2,352     23,524
Depreciation and amortisation   38   1,061   310     1,409
Disposals   (59)   (1,266)   (136)     (1,461)
Disposals from sales of subsidiaries     (34)   (3)     (37)
Other reclassifications     (7)       (7)
Foreign currency translation adjustments   (2)   (191)   1     (192)
Balance at 31 December 2015   1,996   18,716   2,524     23,236
                     
Net carrying amount                    
Net carrying amount at 31 December 2015   766   7,413   1,314   362   9,855
Net carrying amount at 31 December 2014   766   7,095   1,269   590   9,720
Net carrying amount at 31 December 2013   804   6,457   1,124   771   9,156

In 2015, borrowing costs amounting to CHF 8 million were capitalised (prior year: CHF 12 million). The average interest rate used for the capitalisation of borrowing costs was 1.9% (prior year: 2.2%). As of 31 December 2015, the carrying amount of property, plant and equipment acquired under finance leases amounted to CHF 406 million (prior year: CHF 438 million). See Note 28 for further information on the adjustments to the costs of dismantling and restoration.