Power plants | Grids | Assets under construction | Property and buildings | Other tangible assets | Total | ||
---|---|---|---|---|---|---|---|
CHF thousands | |||||||
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 | |
Of which pledged as collateral for debts | 4,050 | ||||||
Gross values at 1 January 2011 | 758,490 | 807,396 | 115,368 | 114,135 | 42,139 | 1,837,528 | |
Own costs capitalised | 2,069 | 3,103 | 8,465 | 4 | 436 | 14,077 | |
Additions | 19,098 | 9,011 | 44,581 | 1,680 | 11,403 | 85,773 | |
Additions from change in consolidation | - | - | - | - | - | - | |
Disposals | -4,479 | -5,726 | -7,865 | -2,064 | -3,961 | -24,095 | |
Disposals from change in consolidation | - | - | - | - | - | - | |
Reclassification | 60,427 | 5,815 | -69,375 | 137 | 2,996 | - | |
IFRS 5 reclassifications | - | -86,189 | - | - | - | -86,189 | |
Translation differences | -9,955 | - | -638 | -1,156 | -503 | -12,252 | |
Gross values at 31 December 2011 | 825,650 | 733,410 | 90,536 | 112,736 | 52,510 | 1,814,842 | |
Accumulated depreciation and impairments at 1 January 2011 | -296,336 | -381,583 | -19,078 | -32,570 | -16,871 | -746,438 | |
Depreciation | -24,627 | -18,610 | - | -2,010 | -3,887 | -49,134 | |
Impairments | - | - | -9,350 | - | - | -9,350 | |
Disposals | 1,215 | 4,990 | 7,642 | 575 | 1,109 | 15,531 | |
Disposals from change in consolidation | - | - | - | - | - | - | |
Reclassification | -989 | - | - | -199 | 1,188 | - | |
IFRS 5 reclassifications | 13,577 | - | - | - | 13,577 | ||
Translation differences | 1,788 | - | 74 | 85 | 170 | 2,117 | |
Accumulated depreciation at 31 December 2011 | -318,949 | -381,626 | -20,712 | -34,119 | -18,291 | -773,697 | |
Net values at 31 December 2011 | 506,701 | 351,784 | 69,824 | 78,617 | 34,219 | 1,041,145 | |
Of which pledged as collateral for debts | 4,050 |
The pledged fixed assets were put up as collateral for the investment loans and mortgages as listed in Notes 18 and 23. Insured value of property, plant and equipment: MCHF 1,380 (previous year: MCHF 1,380). In the year under review, TCHF 1,231 in interest on borrowings (previous year: TCHF 1,465) was capitalised for assets under construction. A financing cost rate of 3.14per cent (previous year: 3.36%) was used.Impairment of property, plant and equipment
There were two main impairments on assets under construction in 2011. These relate to an impairment for a trading system of around MCHF 7.2. In addition, a value adjustment was carried out for recognised costs relating to a power plant project in the amount of MCHF 1.7. Impairments totalling MCHF 1.7 were necessary in 2010. These mainly related to a wind power plant.