18 Property and equipment as well as investment property

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in CHF thousands

Property

Other equipment

Total property and other equipment

Investment property

As at 1 January 2013

 

 

 

 

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

 

 

 

 

 

Year ended December 2014

 

 

 

 

Opening net book amount

122'332

28'106

150'438

21'383

Additions

3'518

5'249

8'767

1'385

Disposals

−12'878

−645

−13'523

−6'383

Amortisation

−6'535

−8'408

−14'943

0

(Disposals) / Additions from accumulated depreciation

625

187

812

0

Closing net book amount

107'061

24'489

131'550

16'385

 

 

 

 

 

As at 31 December 2014

 

 

 

 

Cost

222'879

98'573

321'452

21'346

Accumulated depreciation

−115'818

−74'084

−189'902

−4'961

Net book amount

107'061

24'489

131'550

16'385

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Additional information

in CHF thousands

31.12.2014

31.12.2013

+/– %

Fire insurance value of property

272'295

278'319

−2.2

Fire insurance value of investment property

1'900

8'050

−76.4

Fire insurance value of other equipment

69'743

74'306

−6.1

Fair value of investment property

16'385

21'383

−23.4

There are no financing leases for premises or equipment.

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Future net commitments for operating leases

in CHF thousands

31.12.2014

31.12.2013

+/– %

Due 2015 to 2019

3'763

3'314

13.5

Due 2016 to 2020

10'741

13'959

−23.1

Due 2021 and thereafter

8'711

6'946

25.4

Total future net commitments for operating leases

23'215

24'219

−4.1

Operating expenses for 2014 include CHF thousands 5’128 and for 2013 CHF thousands 5’734 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.

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Future net receivables from operating leases

in CHF thousands

31.12.2014

31.12.2013

+/– %

Due 2015 to 2019

1'594

1'602

−0.5

Due 2016 to 2020

3'609

3'453

4.5

Due 2021 and thereafter

5'604

5'556

0.9

Total future net receivables from operating leases

10'807

10'611

1.8

Other income for 2014 includes CHF thousands 1’870 and for 2013 CHF thousands 1’588 from operating leases.

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