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).

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