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).

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