17 Property and Equipment

Property and equipment for the year 2011
In CHF million  

Notes 
Land and
buildings
Furniture
and fixtures

Hardware
Other
equipment

Total
 
Cost
 
Balance as at 1 January
  720 61 48 8 837
Additions
  18 1 10 4 33
Additions from business combinations
29  0 0 0 0
Classification as assets held for sale and other disposals
  –2 –9 –7 –2 –20
Reclassifications and transfers to investment property
15  –44 6 –38
Revaluation in respect of transfers to investment property
  16 16
Foreign currency translation differences
  –8 –1 –1 0 –10
Balance as at end of period
  700 52 50 16 818
 
Accumulated depreciation and impairment
 
Balance as at 1 January
  –194 –35 –34 –5 –268
Depreciation
  –16 –5 –7 –2 –30
Impairment losses
  –5 –5
Classification as assets held for sale and other disposals
  2 9 7 1 19
Reclassifications and transfers to investment property
15  5 –3 2
Foreign currency translation differences
  2 1 0 0 3
Balance as at end of period
  –201 –35 –34 –9 –279
 
Total property and equipment as at end of period
  499 17 16 7 539
of which assets held under a finance lease
  3 3
of which buildings in the course of construction
  14


Property and equipment for the year 2010
In CHF million  

Notes 
Land and
buildings
Furniture
and fixtures

Hardware
Other
equipment

Total
 
Cost
 
Balance as at 1 January
  835 84 62 10 991
Additions
  14 3 6 1 24
Classification as assets held for sale and other disposals
  –28 –19 –14 –2 –63
Transfers from/to investment property
15  –45 –45
Revaluation in respect of transfers to investment property
  3 3
Foreign currency translation differences
  –59 –7 –6 –1 –73
Balance as at end of period
  720 61 48 8 837
 
Accumulated depreciation and impairment
 
Balance as at 1 January
  –197 –49 –43 –6 –295
Depreciation
  –19 –6 –8 –2 –35
Impairment losses
  0 –3 –3
Classification as assets held for sale and other disposals
  5 18 14 2 39
Transfers to investment property
15  7 7
Foreign currency translation differences
  10 5 3 1 19
Balance as at end of period
  –194 –35 –34 –5 –268
 
Total property and equipment as at end of period
  526 26 14 3 569
of which assets held under a finance lease
  2 2


No borrowing costs were capitalised in property and equipment in 2011 and 2010.

 

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