Note 14 Property and Equipment

Special Content

At historical cost less accumulated depreciation

CHF million

Own-used properties

Leasehold improvements

IT, software and communication

Ohter machines and equipement

Plant and manufacturing equipement

Projects in pgoress

31.12.05

31.12.04

Historical cost

Balance at the beginning of the year

9,752

2,592

3,979

1,835

3,031

239

21,428

20,346

Additions

178

132

841

194

127

393

1,865

1,462

Additions from acquired companies

3

1

2

0

110

0

116

2,093

Disposals / write-offs1

(490)

(98)

(880)

(393)

(494)

(8)

(2,363)

(2,020)

Reclassifications

(26)

232

108

(118)

71

(217)

50

(186)

Foreign currency translation

29

191

211

78

59

6

574

(267)

Balance at the end of the year

9,446

3,050

4,261

1,596

2,904

413

21,670

21,428

Accumulated depreciation

Balance at the beginning of the year

4,701

1,659

3,375

1,503

760

0

11,998

11,867

Depreciation2

276

216

716

115

233

0

1,556

1,576

Disposals / write-offs1

(158)

(61)

(811)

(318)

(354)

0

(1,702)

(1,182)

Reclassifications

(42)

71

0

3

0

0

32

(43)

Foreign currency translation

4

114

194

46

33

0

391

(220)

Balance at the end of the year

4,781

1,999

3,474

1,349

672

0

12,275

11,998

Net book value at the end of the year3

4,665

1,051

787

247

2,232

413

9,395

9,430

Special Content

1 Includes write-offs of fully depreciated assets.  2 Depreciation expense of CHF 63 million and CHF 99 millon is related to Discontinued operations for 2005 and 2004 respectively.  3 Fire insurance value of property and equipment is CHF 16,050 million (2004: CHF 16,031 million).

Special Content

At fair value

CHF million

Investment properties

Projects in progress

31.12.05

31.12.04

Balance at the beginning of the year

41

39

80

236

Additions

26

0

26

91

Additions from acquired companies

0

0

0

1

Sales

(25)

0

(25)

(241)

Reclassifications

(16)

(39)

(55)

0

Foreign currency translation

2

0

2

(7)

Balance at the end of the year

28

0

28

80

 

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