18 Property and equipment as well as investment property

in CHF thousands

Property

Other
equipment

Total
property
and other
equipment

Invest-
ment
property

As at 1 January 2012

 

 

 

 

Cost

268'604

76'248

344'852

28'607

Accumulated depreciation

–105'418

–60'910

–166'328

–5'517

Net book amount

163'186

15'338

178'524

23'090

 

 

 

 

 

Year ended December 2012

 

 

 

 

Opening net book amount

163'186

15'338

178'524

23'090

Additions

17'696

13'032

30'728

0

Disposals

–3'592

–8

–3'600

–3'211

Amortisation

–7'146

–7'688

–14'834

–104

Closing net book amount

170'144

20'674

190'818

19'775

 

 

 

 

 

As at 31 December 2012

 

 

 

 

Cost

282'708

89'272

371'980

25'396

Accumulated depreciation

–112'564

–68'598

–181'162

–5'621

Net book amount

170'144

20'674

190'818

19'775

 

 

 

 

 

Year ended December 2013

 

 

 

 

Opening net book amount

170'144

20'674

190'818

19'775

Additions

2'413

20'159

22'572

4'400

Disposals

–52'882

–17'535

–70'417

–3'452

Amortisation

–15'898

–14'312

–30'210

0

Reclassification from non-current assets held for sale

0

2'073

2'073

0

(Disposals) / Additions from accumulated depreciation

18'555

17'047

35'602

660

Closing net book amount

122'332

28'106

150'438

21'383

 

 

 

 

 

As at 31 December 2013

 

 

 

 

Cost

232'239

93'969

326'208

26'344

Accumulated depreciation

–109'907

–65'863

–175'770

–4'961

Net book amount

122'332

28'106

150'438

21'383

Additional information

in CHF thousands

31.12.2013

31.12.2012

+/– %

Fire insurance value of property

278'319

276'245

0.8

Fire insurance value of investment property

8'050

8'879

–9.3

Fire insurance value of other equipment

74'306

80'032

–7.2

Fair value of investment property

21'383

19'775

8.1

Rental income from investment property

0

208

–100.0

Rental expenses from investment property

0

151

–100.0

There are no financing leases for premises or equipment.

Future net commitments for operating leases

in CHF thousands

31.12.2013

31.12.2012

+/– %

Due 2014

3'314

3'453

–4.0

Due 2015 to 2019

13'959

12'142

15.0

Due 2020 and thereafter

6'946

8'201

–15.3

Total future net commitments for operating leases

24'219

23'796

1.8

Operating expenses for 2013 include CHF thousands 5'734 and for 2012 CHF thousands 5'633 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

in CHF thousands

31.12.2013

31.12.2012

+/– %

Due 2014

1'602

729

119.8

Due 2015 to 2019

3'453

1'719

100.9

Due 2020 and thereafter

5'556

0

 

Total future net receivables from operating leases

10'611

2'448

333.5

Other income for 2013 includes CHF thousands 1'588 and for 2012 CHF thousands 1'208 from operating leases.

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