16 Property and Equipment

Property and equipment for the year 2009
In CHF million 

Notes 
Land and
buildings
Furniture
and fixtures

Hardware
Other
equipment

Total
 
Cost
 
Balance as at 1 January
  89611395151 119
Effect of amendment to IAS 40
  –96–96
Additions
  21718147
Additions from business combinations
28  0000
Classification as assets held for sale and other disposals
  0–35–51–6–92
Transfers from/to investment property
14  1616
Foreign currency translation differences
  –2–100–3
Balance as at end of period
  835846210991
 
Accumulated depreciation and impairment
 
Balance as at 1 January
  –179–68–61–9–317
Effect of amendment to IAS 40
  44
Depreciation
  –21–9–16–1–47
Impairment losses
  –1–7–15–1–24
Classification as assets held for sale and other disposals
  03549488
Foreign currency translation differences
  00011
Balance as at end of period
  –197–49–43–6–295
 
Total property and equipment as at end of period
  63835194696
of which assets held under a finance lease  33


Property and equipment for the year 2008
In CHF million 

Notes 
Land and
buildings
Buildings under
construction
Furniture
and fixtures

Hardware
Other
equipment

Total
 
Cost
 
Balance as at 1 January
  8871079172181 175
Additions
  2717314202236
Additions from business combinations
28  521416082
Classification as assets held for sale and other disposals
  –420–9–5–56
Transfers from/to investment property
14  –95–182–277
Revaluation in respect of transfers to investment property
26  88
Foreign currency translation differences
  –37–2–6–40–49
Balance as at end of period
  8009611395151 119
 
Accumulated depreciation and impairment
 
Balance as at 1 January
  –185–2–61–50–13–311
Depreciation
  –21–10–18–1–50
Impairment losses
  –2–1–10–4
Classification as assets held for sale and other disposals
  407314
Transfers to investment property
14  2121
Foreign currency translation differences
  641213
Balance as at end of period
  –175–4–68–61–9–317
 
Total property and equipment as at end of period
  6259245346802
of which assets held under a finance lease  011


No borrowing costs were capitalised in property and equipment in 2009 and 2008.

As described in the Summary of Significant Accounting Policies section, property under construction or development for future use as investment property was reclassified from property and equipment to investment property as at 1 January 2009. The amount reclassified came to CHF 92 million.

 
Back