3.4 Right-of-use assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (CHF in millions) | | Storage | | Stores & showrooms | | Offices | | Cars | | Total | | | | | | | | | | | | | | | | | | | | | | | | Cost at January 1, 2023 | | 28.7 | | | 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, 2023 | | 16.8 | | | 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, 2023 | | 9.6 | | | 44.6 | | | 95.8 | | | 2.9 | | | 152.9 | | | | | | | | | | | | | | Cost at June 30, 2023 | | 23.9 | | | 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, 2023 | | 9.6 | | | 44.6 | | | 95.8 | | | 2.9 | | | 152.9 | | | | | | | | | | | | | | Cost at January 1, 2024 | | 87.5 | | | 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, 2024 | | 65.3 | | | 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 modification | | 3.0 | | | — | | | 0.2 | | | — | | | 3.2 | | | Additions | | 57.4 | | | 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 Translation | | 5.2 | | | 3.1 | | | 1.5 | | | 0.1 | | | 9.9 | | | Net book value at June 30, 2024 | | 116.7 | | | 99.2 | | | 100.7 | | | 2.5 | | | 319.1 | | | | | | | | | | | | | | Cost at June 30, 2024 | | 154.4 | | | 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, 2024 | | 116.7 | | | 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.
|