20 Property and equipment as well as investment property

(XLS:)

in CHF thousands

Property

Other
equipment

Total
property
and other
equipment

Investment
property

*

Contains charge-offs for fully written off assets.

As at 1 January 2010

 

 

 

 

Cost

226'185

68'914

295'099

39'777

Accumulated depreciation

–86'535

–56'231

–142'766

–10'419

Net book amount

139'650

12'683

152'333

29'358

 

 

 

 

 

Year ended December 2010

 

 

 

 

Opening net book amount

139'650

12'683

152'333

29'358

Additions

11'862

14'079

25'941

0

Restatement acquisition costs

11'833

79

11'912

–11'912

Restatement write-downs

–5'066

–55

–5'121

5'121

Disposals/write-offs*

–1'200

–6'739

–7'939

–265

Writing back of write-downs*

0

6'806

6'806

24

Amortisation

–7'149

–6'065

–13'214

–126

Closing net book amount

149'930

20'788

170'718

22'200

 

 

 

 

 

As at 31 December 2010

 

 

 

 

Cost

248'680

76'333

325'013

27'600

Accumulated depreciation

–98'750

–55'545

–154'295

–5'400

Net book amount

149'930

20'788

170'718

22'200

 

 

 

 

 

Year ended December 2011

 

 

 

 

Opening net book amount

149'930

20'788

170'718

22'200

Additions

19'924

5'316

25'240

1'307

Disposals/write-offs*

0

–168

–168

–342

Writing back of write-downs*

0

0

0

42

Amortisation

–6'668

–9'070

–15'738

–117

Non-current assets held for sale

0

–1'528

–1'528

0

Closing net book amount

163'186

15'338

178'524

23'090

 

 

 

 

 

As at 31 December 2011

 

 

 

 

Cost

268'604

76'248

344'852

28'565

Accumulated depreciation

–105'418

–60'910

–166'328

–5'475

Net book amount

163'186

15'338

178'524

23'090

Additional information

(XLS:)

in CHF thousands

31.12.2011

31.12.2010

+/– %

Fire insurance value of property

278'303

266'383

4.5

Fire insurance value of investment property

9'986

10'829

–7.8

Fire insurance value of other equipment

74'607

73'332

1.7

Fair value of investment property

23'646

23'585

0.3

Rental income from investment property

213

281

–24.2

Rental expenses from investment property

101

178

–43.3

There are no financing leases for premises or equipment.

Future net commitments for operating leases

(XLS:)

in CHF thousands

31.12.2011

31.12.2010

+/– %

Due 2012

4'338

3'301

31.4

Due 2013 to 2017

8'165

8'348

–2.2

Due 2018 and thereafter

11'209

12'813

–12.5

Total future net commitments for operating leases

23'712

24'462

–3.1

Operating expenses for 2011 include CHF thousands 5'041 and for 2010 CHF thousands 4'426 from operating leases. At year's end, 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.

Future net receivables from operating leases

(XLS:)

in CHF thousands

31.12.2011

31.12.2010

+/– %

Due 2012

404

329

22.8

Due 2013 to 2017

1'500

409

266.7

Due 2018 and thereafter

655

1'760

–62.8

Total future net receivables from operating leases

2'559

2'499

2.4

Other income for 2011 includes CHF thousands 1'374 and for 2010 CHF thousands 1'250 from operating leases.

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