| 9 Property, plant and equipment CHF thousands | Power plants | Grids | Assets under construction | Property and buildings | Other tangible assets | Total | |
|---|---|---|---|---|---|---|---|
| Gross values at 1 January 2009 | 752,132 | 766,673 | 65,157 | 105,229 | 51,865 | 1,741,056 | |
| Own costs capitalised | 29 | 3,979 | 8,310 | - | 43 | 12,361 | |
| Additions | 1,197 | 14,818 | 50,316 | 148 | 5,341 | 71,820 | |
| Disposals | -2,205 | -5,555 | -239 | -288 | -1,819 | -10,106 | |
| Reclassification | 6,754 | 19,177 | -26,885 | - | 954 | - | |
| Translation differences | 1,633 | - | -57 | 201 | 58 | 1,835 | |
| Gross values at 31 December 2009 | 759,540 | 799,092 | 96,602 | 105,290 | 56,442 | 1,816,966 | |
| Accumulated depreciation and impairments at 1 January 2009 | -259,245 | -362,880 | -16,405 | -34,542 | -26,643 | -699,715 | |
| Depreciation | -23,573 | -18,616 | - | -1,887 | -3,836 | -47,912 | |
| Impairments | - | - | -5,480 | - | - | -5,480 | |
| Disposals | 1,918 | 3,927 | 5 | 174 | 1,493 | 7,517 | |
| Reclassification | -6 | - | - | - | 6 | - | |
| Reversal of impairments | - | - | - | 183 | - | 183 | |
| Translation differences | 115 | - | 86 | 4 | 2 | 207 | |
| Accumulated depreciation at 31 December 2009 | -280,791 | -377,569 | -21,794 | -36,068 | -28,978 | -745,200 | |
| Net values at 31 December 2009 | 478,749 | 421,523 | 74,808 | 69,222 | 27,464 | 1,071,766 | |
| Incl. security pledged for debts | 4,050 | ||||||
| Gross values at 1 January 2010 | 759,540 | 799,092 | 96,602 | 105,290 | 56,442 | 1,816,966 | |
| Own costs capitalised | 72 | 5,462 | 7,632 | - | - | 13,166 | |
| Additions | 612 | 12,215 | 50,921 | 6,688 | 2,265 | 72,701 | |
| Additions from change in consolidation | 60,326 | - | - | 2,846 | 78 | 63,250 | |
| Disposals | -23,672 | -2,330 | -7,950 | -8,395 | -42,347 | ||
| Disposals from change in consolidation | - | - | -5,907 | - | -1,840 | -7,747 | |
| Reclassification | 2,934 | 14,299 | -28,656 | 14,893 | -3,470 | - | |
| Translation differences | -64,994 | - | -2,894 | -7,632 | -2,941 | -78,461 | |
| Gross values at 31 December 2010 | 758,490 | 807,396 | 115,368 | 114,135 | 42,139 | 1,837,528 | |
| Accumulated depreciation and impairments at 1 January 2010 | -280,791 | -377,569 | -21,794 | -36,068 | -28,978 | -745,200 | |
| Depreciation | -23,263 | -19,276 | - | -1,912 | -5,812 | -50,263 | |
| Impairments | -1,660 | - | -74 | - | - | -1,734 | |
| Disposals | - | 22,658 | - | 4,968 | 8,291 | 35,917 | |
| Disposals from change in consolidation | - | - | 2,207 | - | 1,340 | 3,547 | |
| Reclassification | -5 | -7,396 | - | - | 7,401 | - | |
| Translation differences | 9,383 | - | 583 | 442 | 887 | 11,295 | |
| Accumulated depreciation at 31 December 2010 | -296,336 | -381,583 | -19,078 | -32,570 | -16,871 | -746,438 | |
| Net values at 31 December 2010 | 462,154 | 425,813 | 96,290 | 81,565 | 25,268 | 1,091,090 | |
| Incl. security pledged for debts | 4,050 | ||||||
The pledged fixed assets were put up as collateral for the investment loans and mortgages as listed in Note 18. Insured value of property, plant and equipment: MCHF 1,380 (previous year: MCHF 1 311). In the year under review, TCHF 1,465 in interest on borrowings (previous year: TCHF 528) was capitalised for construction in progress. A financing cost rate of 3.36 % was used (previous year: 3.34 %).
Impairments of CHF 1.7 million were recognised in 2010. These mainly relate to a wind power plant. Impairments of CHF 5.5 million were recognised in 2009 in connection with several power plant projects which have either been abandoned for the foreseeable future or whose realisation at present must be regarded as not very likely.