3 Depreciation/amortisation and impairment
CHF thousand |
2021 |
2020 |
|
|
|
Depreciation/amortisation and impairment |
–19,853 |
–20,245 |
Depreciation of tangible assets |
–14,344 |
–14,579 |
Amortisation of intangible assets |
–1,393 |
–2,590 |
Impairment of financial assets and investments |
–4,116 |
–3,076 |
Amortisation of intangible assets includes CHF 352 thousand for the reversion waiver compensation paid and capitalised in January 2021 in the amount of CHF 24,110 thousand (paid to Canton Graubünden, the municipality of Brusio and the municipality of Poschiavo) for the continued operation of the Campocologno I and II power plants (see Note 13).