16Leases
Lease assets
|
|
|
2021 |
||||||
|
millions of CHF |
|
Land and buildings, leased |
|
Machinery and technical equipment, leased |
|
Other non-current assets, leased |
|
Total |
|
Balance as of January 1 |
|
99.7 |
|
8.2 |
|
13.4 |
|
121.2 |
|
Acquired through business combination |
|
3.7 |
|
0.1 |
|
0.6 |
|
4.4 |
|
Derecognized as discontinued operations |
|
–45.1 |
|
–5.3 |
|
–1.2 |
|
–51.6 |
|
Additions |
|
52.6 |
|
5.4 |
|
7.7 |
|
65.7 |
|
Disposals |
|
–1.0 |
|
–0.0 |
|
–1.5 |
|
–2.5 |
|
Depreciation |
|
–27.0 |
|
–2.6 |
|
–6.9 |
|
–36.5 |
|
Impairments |
|
–2.4 |
|
– |
|
– |
|
–2.4 |
|
Remeasurements and contract modifications |
|
–8.9 |
|
– |
|
–0.1 |
|
–9.0 |
|
Currency translation differences |
|
–0.0 |
|
0.1 |
|
–0.2 |
|
–0.1 |
|
Total lease assets as of December 31 |
|
71.7 |
|
5.7 |
|
11.7 |
|
89.2 |
|
|
|
2020 |
||||||
|
millions of CHF |
|
Land and buildings, leased |
|
Machinery and technical equipment, leased |
|
Other non-current assets, leased |
|
Total |
|
Balance as of January 1 |
|
92.6 |
|
5.8 |
|
14.1 |
|
112.6 |
|
Acquired through business combination |
|
2.1 |
|
0.0 |
|
0.3 |
|
2.4 |
|
Additions |
|
39.5 |
|
5.0 |
|
8.0 |
|
52.5 |
|
Disposals |
|
–1.3 |
|
–0.4 |
|
–1.3 |
|
–3.0 |
|
Depreciation |
|
–25.8 |
|
–2.1 |
|
–8.0 |
|
–35.8 |
|
Impairments |
|
–3.3 |
|
– |
|
– |
|
–3.3 |
|
Remeasurements and contract modifications |
|
–0.2 |
|
– |
|
1.1 |
|
0.9 |
|
Currency translation differences |
|
–4.0 |
|
–0.3 |
|
–0.8 |
|
–5.1 |
|
Total lease assets as of December 31 |
|
99.7 |
|
8.2 |
|
13.4 |
|
121.2 |
Lease liabilities
|
|
|
2021 |
||||
|
millions of CHF |
|
Non-current lease liabilities |
|
Current lease liabilities |
|
Total |
|
Balance as of January 1 |
|
90.2 |
|
29.5 |
|
119.7 |
|
Acquired through business combination |
|
3.2 |
|
1.2 |
|
4.4 |
|
Derecognized as discontinued operations |
|
–43.5 |
|
–7.6 |
|
–51.1 |
|
Additions |
|
55.8 |
|
9.9 |
|
65.7 |
|
Interest expenses |
|
1.6 |
|
0.5 |
|
2.1 |
|
Cash flow for repayments – principal portion |
|
–9.3 |
|
–31.8 |
|
–41.1 |
|
Cash flow for repayments – interest portion |
|
–1.6 |
|
–0.5 |
|
–2.1 |
|
Remeasurements and contract modifications |
|
–5.8 |
|
–2.6 |
|
–8.4 |
|
Reclassifications |
|
–25.7 |
|
25.7 |
|
– |
|
Currency translation differences |
|
–0.4 |
|
–0.0 |
|
–0.4 |
|
Total lease liabilities as of December 31 |
|
64.5 |
|
24.3 |
|
88.8 |
|
|
|
2020 |
||||
|
millions of CHF |
|
Non-current lease liabilities |
|
Current lease liabilities |
|
Total |
|
Balance as of January 1 |
|
82.3 |
|
27.4 |
|
109.7 |
|
Acquired through business combination |
|
1.6 |
|
0.9 |
|
2.4 |
|
Additions |
|
45.9 |
|
6.6 |
|
52.5 |
|
Interest expenses |
|
2.1 |
|
0.7 |
|
2.8 |
|
Cash flow for repayments – principal portion |
|
–9.8 |
|
–29.4 |
|
–39.2 |
|
Cash flow for repayments – interest portion |
|
–2.1 |
|
–0.7 |
|
–2.8 |
|
Remeasurements and contract modifications |
|
–5.3 |
|
4.5 |
|
–0.8 |
|
Reclassifications |
|
–20.6 |
|
20.6 |
|
– |
|
Currency translation differences |
|
–3.7 |
|
–1.2 |
|
–4.9 |
|
Total lease liabilities as of December 31 |
|
90.2 |
|
29.5 |
|
119.7 |
Other leasing disclosures
|
|
|
|
|
|
|
millions of CHF |
|
2021 |
|
2020 1) |
|
Recognized in the income statement |
|
|
|
|
|
Expenses relating to short-term leases |
|
–15.2 |
|
–17.5 |
|
Expenses relating to low-value asset leases, excluding short-term leases of low-value assets |
|
–1.5 |
|
–1.9 |
|
Expenses relating to variable lease payments not included in the lease liability |
|
–2.6 |
|
–2.4 |
|
Income from subleasing right-of-use assets |
|
0.8 |
|
0.5 |
|
Interest expenses on lease liabilities |
|
–2.1 |
|
–2.3 |
|
Total recognized in the income statement continuing operations |
|
–20.6 |
|
–23.6 |
|
Recognized in the income statement discontinued operations |
|
–2.4 |
|
–0.5 |
|
Total recognized in the income statement |
|
–23.0 |
|
–24.1 |
|
|
|
|
|
|
|
Recognized in the statement of cash flows |
|
|
|
|
|
Cash flow for short-term, low-value and variable leases (included within cash flow from operating activities) |
|
–19.3 |
|
–21.9 |
|
Cash flow from subleasing right-of-use assets (included within cash flow from operating activities) |
|
0.8 |
|
0.5 |
|
Cash flow for repayments of interest on lease liabilities (included within cash flow from operating activities) |
|
–2.1 |
|
–2.8 |
|
Cash flow for repayments of the principal portion on lease liabilities (included within cash flow from financing activities) |
|
–41.1 |
|
–39.2 |
|
Total cash outflow |
|
–61.7 |
|
–63.3 |
1) Comparative information has been re-presented due to discontinued operations (details are described in note 7).