9. Property, plant and equipment

Index
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3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32

The following statement of changes in assets includes the Group’s own as well as leased property, plant and equipment:

	Total	Land and buildings	Machinery and equipment	Office equipment	Assets under constr./advance payments
	MCHF	MCHF	MCHF	MCHF	MCHF
2023
Cost at beginning of year	2,455.9	748.2	1,530.5	58.4	118.8
Changes in scope of consolidation	-0.6	-0.3	-0.3
Additions	201.8	10.2	52.0	6.4	133.2
Disposals	-59.9	-6.7	-47.8	-5.4
Transfers	0.0	4.6	49.7	1.1	-55.4
Translation differences	-95.1	-26.7	-57.1	-3.8	-7.5
Cost at end of year	2,502.1	729.3	1,527.0	56.7	189.1

Accumulated depreciation at beginning of year	1,507.6	391.3	1,081.6	34.7	0.0
Changes in scope of consolidation	-0.6	-0.3	-0.3
Depreciation	127.9	29.6	89.1	9.2
Impairment loss	4.8		4.8
Disposals	-58.6	-5.7	-47.5	-5.4
Translation differences	-55.2	-12.9	-39.6	-2.7
Accumulated depreciation at end of year	1,525.9	402.0	1,088.1	35.8	0.0

Carrying amounts at end of year	976.2	327.3	438.9	20.9	189.1


2022
Cost at beginning of year	2,458.1	765.9	1,514.2	59.5	118.5
Additions	168.5	19.8	57.3	7.5	83.9
Disposals	-59.5	-12.9	-41.1	-5.5
Transfers	0.0	8.3	68.5	1.2	-78.0
Translation differences	-111.2	-32.9	-68.4	-4.3	-5.6
Cost at end of year	2,455.9	748.2	1,530.5	58.4	118.8

Accumulated depreciation at beginning of year	1,502.2	385.9	1,082.5	33.8	0.0
Depreciation	128.2	29.8	88.8	9.6
Disposals	-57.2	-10.6	-41.1	-5.5
Transfers	0.0
Translation differences	-65.6	-13.8	-48.6	-3.2
Accumulated depreciation at end of year	1,507.6	391.3	1,081.6	34.7	0.0

Carrying amounts at end of year	948.3	356.9	448.9	23.7	118.8

As at 31 December 2023, there were no qualifying assets for which borrowing costs were capitalised during the construction phase. As at 31 December 2023, the Group had entered into firm commitments for capital expenditures of MCHF 36.4 (PY: MCHF 56.4).

The following table breaks down the carrying amount of property, plant and equipment by items that are owned by the Group and items that are leased:

	2023	2022
	MCHF	MCHF
Property, plant and equipment owned	924.4	887.4
Right-of-use of property, plant and equipment	51.8	60.9
Carrying amounts at end of year	976.2	948.3

Right-of-use of property, plant and equipment

	Total	Land and buildings	Machinery and equipment	Office equipment
	MCHF	MCHF	MCHF	MCHF
2023
Carrying amounts at beginning of year	60.9	53.8	6.4	0.7
Additions	11.1	6.9	4.2
Depreciation	-16.4	-12.3	-3.8	-0.3
Translation differences	-3.8	-3.2	-0.6
Carrying amounts at end of year	51.8	45.2	6.2	0.4

	Total	Land and buildings	Machinery and equipment	Office equipment
	MCHF	MCHF	MCHF	MCHF
2022
Carrying amounts at beginning of year	62.9	55.1	6.8	1.0
Additions	18.3	14.4	3.8	0.1
Depreciation	-16.0	-12.0	-3.6	-0.4
Translation differences	-4.3	-3.7	-0.6	0.0
Carrying amounts at end of year	60.9	53.8	6.4	0.7

9. Property, plant and equipment

Right-of-use of property, plant and equipment

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