26. Research and development cost
|
|
2023 |
|
2022 |
|---|---|---|---|---|
|
|
MCHF |
|
MCHF |
Research and development expenses |
|
70.5 |
|
72.3 |
Capitalised development expenses |
|
-4.6 |
|
-2.1 |
Amortisation of capitalised development expenses |
|
3.5 |
|
4.6 |
Research and development cost |
|
69.4 |
|
74.8 |
In 2023, research and development expenses totalling MCHF 70.5 (PY: MCHF 72.3) were included in the items “Personnel expenses”, “Depreciation” and “Other operating expenses, net”. This represents 2.3% of net sales (PY: 2.1%). For 4 major development projects, the capitalisation criteria according to IAS 38.57 were met and expenses of MCHF 4.6 (PY: MCHF 2.1) were capitalised.