Annual Report 2022

In CHF million
	31.12.2022	31.12.2021
Property and equipment owned	427	417
Right-of-use property and equipment	140	139
Total property and equipment	566	557

Property and equipment owned for the year 2022

In CHF million
	Notes	Land and buildings	Furniture and fixtures	Hardware	Other equipment	Total
Balance as at 1 January		362	21	15	19	417
Additions		45	8	6	2	60
Additions from business combinations	28	0	–	2	–	2
Disposals	28	–4	–1	0	–1	–7
Transfers from/to investment property	14	–6	–	–	–	–6
Reclassifications		–	4	–	–4	–
Depreciation		–13	–5	–7	–4	–29
Foreign currency translation differences		–9	–1	–1	–1	–11
Balance as at end of period		374	26	15	12	427

Cost		635	71	78	36	820
Accumulated depreciation and impairment		–260	–45	–63	–25	–394
Total property and equipment as at end of period		374	26	15	12	427
of which buildings in the course of construction		1

Property and equipment owned for the year 2021

In CHF million
	Notes	Land and buildings	Furniture and fixtures	Hardware	Other equipment	Total
Balance as at 1 January		325	21	15	24	384
Additions		57	5	8	3	72
Additions from business combinations	28	–	0	0	–	0
Disposals		–	0	0	–1	–1
Reclassifications		–	–	–	–	–
Depreciation		–12	–5	–7	–6	–29
Foreign currency translation differences		–8	0	0	–1	–9
Balance as at end of period		362	21	15	19	417

Cost		612	73	80	46	811
Accumulated depreciation and impairment		–250	–52	–65	–27	–394
Total property and equipment as at end of period		362	21	15	19	417
of which buildings in the course of construction		22

No borrowing costs were capitalised in property and equipment in 2022 and 2021.

Right-of-use property and equipment for the year 2022

In CHF million
	Notes	Premises	IT equipment	Vehicles	Other equipment	Total
Balance as at 1 January		129	4	5	1	139
Additions		45	1	2	1	49
Additions from business combinations	28	2	–	–	–	2
Depreciation		–32	–2	–3	–1	–37
Impairment		0	–	0	–	0
Other changes		–7	–1	0	0	–8
Foreign currency translation differences		–5	0	0	0	–5
Balance as at end of period		133	2	4	1	140

Right-of-use property and equipment for the year 2021

In CHF million
	Premises	IT equipment	Vehicles	Other equipment	Total
Balance as at 1 January	124	1	4	2	131
Additions	45	4	5	0	53
Depreciation	–33	–1	–3	–1	–38
Other changes	–4	0	–	–	–4
Foreign currency translation differences	–3	0	0	0	–3
Balance as at end of period	129	4	5	1	139