18 Property and other equipment as well as investment property
| Download |
in CHF thousands |
Property |
Other equipment |
Total property and other equipment |
Investment property |
||||
|---|---|---|---|---|---|---|---|---|
As at 1 January 2016 |
|
|
|
|
||||
Cost |
223'164 |
96'272 |
319'436 |
21'201 |
||||
Accumulated depreciation / revaluation |
−122'386 |
−73'728 |
−196'115 |
−4'961 |
||||
Net book amount |
100'778 |
22'544 |
123'321 |
16'240 |
||||
|
|
|
|
|
||||
Year ended December 2016 |
|
|
|
|
||||
Opening net book amount |
100'778 |
22'544 |
123'321 |
16'240 |
||||
Additions |
13'490 |
19'084 |
32'573 |
0 |
||||
Disposals |
−16'967 |
−40'534 |
−57'501 |
−2'833 |
||||
Depreciation / revaluation |
−5'586 |
−6'902 |
−12'488 |
0 |
||||
Disposals / (Additions) from accumulated depreciation / revaluation |
8'068 |
30'996 |
39'063 |
2'611 |
||||
Closing net book amount |
99'781 |
25'187 |
124'969 |
16'018 |
||||
|
|
|
|
|
||||
As at 31 December 2016 |
|
|
|
|
||||
Cost |
219'686 |
74'822 |
294'508 |
18'368 |
||||
Accumulated depreciation / revaluation |
−119'905 |
−49'635 |
−169'540 |
−2'350 |
||||
Net book amount |
99'781 |
25'187 |
124'969 |
16'018 |
||||
|
|
|
|
|
||||
Year ended December 2017 |
|
|
|
|
||||
Opening net book amount |
99'781 |
25'187 |
124'968 |
16'018 |
||||
Additions |
16'613 |
9'755 |
26'368 |
0 |
||||
Disposals |
−12'381 |
−4'367 |
−16'748 |
−1'018 |
||||
Depreciation / revaluation |
−6'932 |
−7'609 |
−14'541 |
0 |
||||
Disposals / (Additions) from accumulated depreciation / revaluation |
1'187 |
3'843 |
5'029 |
0 |
||||
Closing net book amount |
98'267 |
26'809 |
125'076 |
15'000 |
||||
|
|
|
|
|
||||
As at 31 December 2017 |
|
|
|
|
||||
Cost |
223'918 |
80'210 |
304'128 |
17'350 |
||||
Accumulated depreciation / revaluation |
−125'651 |
−53'401 |
−179'052 |
−2'350 |
||||
Net book amount |
98'267 |
26'809 |
125'076 |
15'000 |
| Download |
in CHF thousands |
31.12.2017 |
31.12.2016 |
+/– % |
|||
|---|---|---|---|---|---|---|
Fire insurance value of property |
242'020 |
249'338 |
−2.9 |
|||
Fire insurance value of other equipment |
73'369 |
66'211 |
10.8 |
|||
Fire insurance value of investment property |
0 |
1'935 |
−100.0 |
|||
Fair value of investment property |
15'000 |
16'018 |
−6.4 |
There are no financing leases for premises or equipment. The investment property is held solely for the purpose of capital appreciation.
| Download |
in CHF thousands |
31.12.2017 |
31.12.2016 |
+/– % |
|||
|---|---|---|---|---|---|---|
Due to 2018 |
3'086 |
3'101 |
−0.5 |
|||
of which non-cancellable commitments |
538 |
940 |
−42.7 |
|||
Due 2019 to 2023 |
7'237 |
6'657 |
8.7 |
|||
of which non-cancellable commitments |
447 |
741 |
−39.6 |
|||
Due 2024 and thereafter |
3'284 |
1'647 |
99.3 |
|||
of which non-cancellable commitments |
564 |
583 |
−3.2 |
|||
Total future net commitments for operating leases |
13'606 |
11'405 |
19.3 |
|||
of which non-cancellable commitments |
1'549 |
2'263 |
−31.5 |
Operating expenses for 2017 include CHF thousands 3’712 and for 2016 CHF thousands 4’054 from operating leases. At year’s end, the LLB Group was obligated under a number of non-cancellable operating leases for premises and equipment used mainly for banking purposes. The significant premises leases include renewal options and escalation clauses.
| Download |
in CHF thousands |
31.12.2017 |
31.12.2016 |
+/– % |
|||
|---|---|---|---|---|---|---|
Due to 2018 |
1'302 |
1'451 |
−10.3 |
|||
Due 2019 to 2023 |
3'858 |
4'512 |
−14.5 |
|||
Due 2024 and thereafter |
3'016 |
3'673 |
−17.9 |
|||
Total future net receivables from operating leases |
8'176 |
9'636 |
−15.2 |
Other income for 2017 includes CHF thousands 1’509 and for 2016 CHF thousands 1’705 from operating leases.