18 Property and equipment as well as investment property

(XLS:)

in CHF thousands

Property

Other
equipment

Total
property
and other
equipment

Investment
property

As at 1 January 2011

 

 

 

 

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

0

–168

–168

–300

Amortisation

–6'668

–9'070

–15'738

–117

Reclassification as 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

28'607

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

Additional information

(XLS:)

in CHF thousands

31.12.2012

31.12.2011

+/– %

Fire insurance value of property

276'245

278'303

–0.7

Fire insurance value of investment property

8'879

9'986

–11.1

Fire insurance value of other equipment

80'032

74'607

7.3

Fair value of investment property

21'455

23'646

–9.3

Rental income from investment property

208

213

–2.3

Rental expenses from investment property

151

101

49.5

There are no financing leases for premises or equipment.

Future net receivables from operating leases

(XLS:)

in CHF thousands

31.12.2012

31.12.2011

+/– %

Due 2013

3'453

4'338

–20.4

Due 2014 to 2018

12'142

8'165

48.7

Due 2019 and thereafter

8'201

11'209

–26.8

Total future net commitments for operating leases

23'796

23'712

0.4

Operating expenses for 2012 include CHF thousands 5'633 and for 2011 CHF thousands 5'041 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 commitments for operating leases

(XLS:)

in CHF thousands

31.12.2012

31.12.2011

+/– %

Due 2013

729

404

80.4

Due 2014 to 2018

1'719

1'500

14.6

Due 2019 and thereafter

0

655

–100.0

Total future net commitments for operating leases

2'448

2'559

–4.3

Other income for 2012 includes CHF thousands 1'208 and for 2011 CHF thousands 1'374 from operating leases.

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