Notes to the Consolidated Financial Statements
1. Basic information and principles of the report
2. Changes in Group structure
3. Summary of significant accounting policies
4. Risk assessment and management
5. Management of capital
6. Trade accounts receivable
7. Other current assets and current financial assets
8. Inventories
9. Property, plant and equipment
| Total | Land and buildings | Machinery and equipment | Office equipment |
Assets under constr. / advance payments | |
|---|---|---|---|---|---|
| MCHF | MCHF | MCHF | MCHF | MCHF | |
| 2016 | |||||
| Cost at beginning of year | 2,122.2 | 614.4 | 1,361.2 | 58.7 | 87.9 |
| Changes in scope of consolidation | -26.3 | -6.0 | -20.3 | ||
| Additions | 127.9 | 15.3 | 54.3 | 7.7 | 50.6 |
| Disposals | -114.3 | -15.1 | -82.5 | -16.7 | |
| Transfers | 0.0 | 16.4 | 50.3 | 6.8 | -73.5 |
| Translation differences | -20.8 | -5.2 | -13.7 | -0.8 | -1.1 |
| Cost at end of year | 2,088.7 | 619.8 | 1,349.3 | 55.7 | 63.9 |
| Accumulated depreciation at beginning of year | 1,406.8 | 324.4 | 1,039.1 | 43.3 | 0.0 |
| Changes in scope of consolidation | -24.6 | -5.0 | -19.6 | ||
| Depreciation | 102.0 | 18.3 | 75.9 | 7.8 | |
| Disposals | -107.2 | -12.5 | -78.5 | -16.2 | |
| Translation differences | -14.8 | -1.6 | -12.5 | -0.7 | |
| Accumulated depreciation at end of year | 1,362.2 | 323.6 | 1,004.4 | 34.2 | 0.0 |
| Carrying amounts at end of year | 726.5 | 296.2 | 344.9 | 21.5 | 63.9 |
| 2015 | |||||
| Cost at beginning of year | 1,392.1 | 396.2 | 883.9 | 56.9 | 55.1 |
| Changes in scope of consolidation | 724.4 | 236.0 | 482.3 | 6.1 | |
| Additions | 133.3 | 5.2 | 45.9 | 7.2 | 75.0 |
| Disposals | -62.7 | -9.6 | -49.8 | -3.3 | |
| Transfers | 0.0 | 2.7 | 41.6 | 1.0 | -45.3 |
| Translation differences | -64.9 | -16.1 | -42.7 | -3.1 | -3.0 |
| Cost at end of year | 2,122.2 | 614.4 | 1,361.2 | 58.7 | 87.9 |
| Accumulated depreciation at beginning of year | 841.2 | 159.8 | 637.5 | 43.9 | 0.0 |
| Changes in scope of consolidation | 559.2 | 159.0 | 400.2 | ||
| Depreciation | 95.9 | 15.0 | 75.7 | 5.2 | |
| Disposals | -58.5 | -7.2 | -48.0 | -3.3 | |
| Translation differences | -31.0 | -2.2 | -26.3 | -2.5 | |
| Accumulated depreciation at end of year | 1,406.8 | 324.4 | 1,039.1 | 43.3 | 0.0 |
| Carrying amounts at end of year | 715.4 | 290.0 | 322.1 | 15.4 | 87.9 |
As of December 31, 2016, there were no qualified assets for which borrowing costs were capitalised during the production phase. As of December 31, 2016, the Group had entered into firm commitments for capital expenditures of MCHF 7.8 (PY: MCHF 23.3).