10 Other operating expenses
CHF thousand |
2024 |
2023 |
|
|
|
Other operating expenses |
–69,330 |
–64,286 |
Cost of premises |
–5,215 |
–4,507 |
Vehicle and transport costs |
–1,474 |
–1,411 |
Administrative costs |
–8,731 |
–9,404 |
IT costs |
–15,082 |
–12,420 |
Marketing & communications |
–10,496 |
–9,241 |
Bad debts |
–3,066 |
–8,454 |
Capital taxes, levies and fees |
–6,490 |
–6,819 |
Other operating expenses |
–18,776 |
–12,030 |
The decline in losses on receivables relates primarily to the Market Italy segment.
The increase in other operating expenses in the Market Switzerland segment was essentially due to the recognition of provisions of CHF 7,880 thousand (see Note 28).