26. Research and development cost
|
|
2022 |
|
2021 |
|
|
MCHF |
|
MCHF |
Research and development expenses |
|
72.3 |
|
77.9 |
Capitalised development expenses |
|
-2.1 |
|
-0.8 |
Amortisation of capitalised development expenses |
|
4.6 |
|
6.2 |
Research and development cost |
|
74.8 |
|
83.3 |
In 2022, research and development expenses totalling MCHF 72.3 (PY: MCHF 77.9) were included in the items “Personnel expenses”, “Depreciation” and “Other operating expenses, net”. This represents 2.1% of net sales (PY: 2.3%). For four major development projects, the capitalisation criteria according to IAS 38.57 were met and expenses of MCHF 2.1 (PY: MCHF 0.8) were capitalised.