26 Research and development cost
|
|
2021 |
|
2020 |
|
|
MCHF |
|
MCHF |
Research and development expenses |
|
77.9 |
|
75.0 |
Capitalised development expenses |
|
-0.8 |
|
-4.2 |
Amortisation of capitalised development expenses |
|
6.2 |
|
5.2 |
Research and development cost |
|
83.3 |
|
76.0 |
In 2021, research and development expenses totalling MCHF 77.9 (PY: MCHF 75.0) were included in the items “Personnel expenses”, “Depreciation” and “Other operating expenses, net”. This represents 2.3% of net sales (PY: 2.5%). For one major development project, the capitalisation criteria according to IAS 38.57 were met and expenses of MCHF 0.8 (PY: MCHF 4.2) were capitalised.