Content

Downloads

Language

Close

No search results. Please enter a different search term.

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 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
Additions   7   1,423   242   197   1,869
Disposals   (30)   (550)   (141)   (1)   (722)
Adjustment to dismantlement and restoration costs     (47)   (2)     (49)
Other reclassifications   5   108   82   (204)   (9)
Foreign currency translation adjustments   (1)   (40)       (41)
Balance at 31 December 2016   2,743   27,023   4,019   354   34,139
                     
Accumulated depreciation and impairment losses
Balance at 31 December 2014   2,019   19,153   2,352     23,524
Depreciation   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
Depreciation   37   1,103   308     1,448
Disposals   (13)   (550)   (136)     (699)
Other reclassifications   (1)   (1)       (2)
Foreign currency translation adjustments     (21)       (21)
Balance at 31 December 2016   2,019   19,247   2,696     23,962
                     
Net carrying amount
Net carrying amount at 31 December 2016   724   7,776   1,323   354   10,177
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

In 2016, borrowing costs amounting to CHF 6 million were capitalised (prior year: CHF 8 million). The average interest rate used for the capitalisation of borrowing costs was 1.7% (prior year: 1.9%). As of 31 December 2016, the net carrying amount of buildings acquired under finance leases amounted to CHF 382 million (prior year: CHF 406 million). See Note 28 for further information on the adjustments to dismantling and restoration costs.