Property, plant and equipment
In CHF million |
Land, buildings and leasehold improvements |
Technical installations |
Other assets |
Advances made and assets under construction |
Total |
|||||
|---|---|---|---|---|---|---|---|---|---|---|
| Acquisition costs | ||||||||||
| Balance at 31 December 2011 | 2,974 | 23,547 | 3,216 | 590 | 30,327 | |||||
| Additions | 6 | 1,091 | 223 | 382 | 1,702 | |||||
| Disposals | (101) | (235) | (195) | – | (531) | |||||
| Additions from acquisition of subsidiaries | 5 | – | 1 | – | 6 | |||||
| Adjustment to dismantlement and restoration costs | – | (45) | 3 | – | (42) | |||||
| Reclassifications to non-current assets held for sale | (19) | – | – | – | (19) | |||||
| Other reclassifications | 8 | 237 | 72 | (323) | (6) | |||||
| Foreign currency translation adjustments | (1) | (23) | – | – | (24) | |||||
| Balance at 31 December 2012 | 2,872 | 24,572 | 3,320 | 649 | 31,413 | |||||
| Additions | 11 | 1,318 | 219 | 379 | 1,927 | |||||
| Disposals | (26) | (816) | (288) | – | (1,130) | |||||
| Additions from acquisition of subsidiaries | 2 | – | 30 | – | 32 | |||||
| Adjustment to dismantlement and restoration costs | – | (32) | 13 | – | (19) | |||||
| Reclassifications to non-current assets held for sale | (39) | – | – | – | (39) | |||||
| Other reclassifications | 12 | 135 | 109 | (257) | (1) | |||||
| Foreign currency translation adjustments | – | 58 | – | – | 58 | |||||
| Balance at 31 December 2013 | 2,832 | 25,235 | 3,403 | 771 | 32,241 | |||||
| Accumulated depreciation and impairment losses | ||||||||||
| Balance at 31 December 2011 | 2,131 | 17,746 | 2,228 | – | 22,105 | |||||
| Depreciation | 29 | 1,016 | 259 | – | 1,304 | |||||
| Disposals | (98) | (232) | (188) | – | (518) | |||||
| Reclassifications to non-current assets held for sale | (16) | – | – | – | (16) | |||||
| Other reclassifications | – | (2) | (2) | – | (4) | |||||
| Foreign currency translation adjustments | – | (7) | – | – | (7) | |||||
| Balance at 31 December 2012 | 2,046 | 18,521 | 2,297 | – | 22,864 | |||||
| Depreciation | 29 | 1,047 | 263 | – | 1,339 | |||||
| Disposals | (21) | (815) | (281) | – | (1,117) | |||||
| Reclassifications to non-current assets held for sale | (26) | – | – | – | (26) | |||||
| Foreign currency translation adjustments | – | 25 | – | – | 25 | |||||
| Balance at 31 December 2013 | 2,028 | 18,778 | 2,279 | – | 23,085 | |||||
| Net carrying amount | ||||||||||
| Net carrying amount at 31 December 2013 | 804 | 6,457 | 1,124 | 771 | 9,156 | |||||
| Net carrying amount at 31 December 2012 | 826 | 6,051 | 1,023 | 649 | 8,549 | |||||
| Net carrying amount at 31 December 2011 | 843 | 5,801 | 988 | 590 | 8,222 |
In 2013, borrowing costs amounting to CHF 15 million were capitalised (prior year: CHF 14 million). The average interest rate used for the capitalisation of borrowing costs was 2.5% (prior year: 2.5%). As of 31 December 2013, the carrying amount of property, plant and equipment acquired under finance leases amounted to CHF 524 million (prior year: CHF 542 million). See Note 28 for further information on the adjustments to the costs of dismantling and restoration