v3.24.2.u1
Right-of-use assets
6 Months Ended
Jun. 30, 2024
Disclosure of quantitative information about right-of-use assets [abstract]  
Right-of-use assets 3.4 Right-of-use assets
(CHF in millions)StorageStores & showroomsOfficesCarsTotal
Cost at January 1, 202328.7 45.6 111.0 7.4 192.7 
Accumulated Depreciation at January 1, 2023(11.9)(7.7)(16.8)(4.6)(41.1)
Net book value at January 1, 202316.8 37.9 94.2 2.8 151.6 
Six month period ended June 30, 2023
Opening net book value
16.8 37.9 94.2 2.8 151.6 
Lease modification(4.1)0.1 0.7 — (3.3)
Additions— 12.3 6.6 1.3 20.2 
Disposals(0.1)— — (0.2)(0.2)
Depreciation(2.8)(4.2)(5.0)(1.0)(13.0)
Currency Translation(0.2)(1.5)(0.7)(0.1)(2.5)
Net book value at June 30, 20239.6 44.6 95.8 2.9 152.9 
Cost at June 30, 202323.9 55.9 117.4 7.9 205.0 
Accumulated Depreciation at June 30, 2023(14.3)(11.2)(21.6)(4.9)(52.1)
Net book value at June 30, 20239.6 44.6 95.8 2.9 152.9 
Cost at January 1, 202487.5 70.5 116.9 8.1 283.1 
Accumulated Depreciation at January 1, 2024(22.1)(15.4)(26.1)(5.4)(69.1)
Net book value at January 1, 202465.3 55.1 90.8 2.8 214.0 
Six month period ended June 30, 2024
Opening net book value
65.3 55.1 90.8 2.8 214.0 
Lease modification3.0 — 0.2 — 3.2 
Additions57.4 49.2 13.8 0.5 121.0 
Disposals— (0.1)— — (0.1)
Depreciation(14.2)(8.2)(5.5)(0.9)(28.8)
Currency Translation5.2 3.1 1.5 0.1 9.9 
Net book value at June 30, 2024116.7 99.2 100.7 2.5 319.1 
Cost at June 30, 2024154.4 123.3 132.7 8.8 419.2 
Accumulated Depreciation at June 30, 2024(37.7)(24.1)(31.9)(6.3)(100.1)
Net book value at June 30, 2024116.7 99.2 100.7 2.5 319.1 

The additions of CHF 121.0 million in the six-month period ended June 30, 2024 relate to the highly-automated warehouse in the United States ("Atlanta Warehouse"), which became partially operational during the six-months ended June 30, 2024, and other additional warehouse, retail store, and office leases.
The corresponding lease liabilities are reported in other current financial liabilities and other non-current financial liabilities, respectively. Refer to 4.3 Financial liabilities for additional information.