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.

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23 Property, plant and equipment