5 Property, Plant and equipment
|
(CHF million) |
|
Land |
|
Engineering structures |
|
Buildings |
|
Projects in progress |
|
Movables |
|
Total property, plant and equipment |
|
Cost |
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as at 1 January 2021 |
|
138.1 |
|
1,684.1 |
|
4,703.2 |
|
390.3 |
|
280.5 |
|
7,196.2 |
|
Additions |
|
0.0 |
|
0.0 |
|
0.0 |
|
71.7 |
|
0.0 |
|
71.7 |
|
Disposals |
|
0.0 |
|
0.0 |
|
–2.5 |
|
0.0 |
|
–0.1 |
|
–2.6 |
|
Transfers and reclassifications |
|
0.0 |
|
1.1 |
|
126.9 |
|
–129.9 |
|
2.9 |
|
1.0 |
|
Foreign exchange differences |
|
0.0 |
|
0.0 |
|
0.0 |
|
0.3 |
|
0.0 |
|
0.3 |
|
Balance as at 30 June 2021 |
|
138.1 |
|
1,685.2 |
|
4,827.6 |
|
332.4 |
|
283.3 |
|
7,266.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation, amortisation |
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as at 1 January 2021 |
|
0.0 |
|
–978.4 |
|
–3,165.8 |
|
0.0 |
|
–197.8 |
|
–4,342.0 |
|
Additions |
|
0.0 |
|
–29.0 |
|
–75.8 |
|
0.0 |
|
–8.2 |
|
–113.0 |
|
Disposals |
|
0.0 |
|
0.0 |
|
2.3 |
|
0.0 |
|
0.1 |
|
2.4 |
|
Balance as at 30 June 2021 |
|
0.0 |
|
–1,007.4 |
|
–3,239.3 |
|
0.0 |
|
–205.9 |
|
–4,452.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Government subsidies and grants |
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as at 1 January 2021 |
|
0.0 |
|
–8.5 |
|
–3.4 |
|
–0.3 |
|
0.0 |
|
–12.2 |
|
Additions |
|
0.0 |
|
0.0 |
|
0.0 |
|
–0.7 |
|
0.0 |
|
–0.7 |
|
Disposals |
|
0.0 |
|
0.3 |
|
0.1 |
|
0.0 |
|
0.0 |
|
0.4 |
|
Balance as at 30 June 2021 |
|
0.0 |
|
–8.2 |
|
–3.3 |
|
–1.0 |
|
0.0 |
|
–12.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net carrying amount as at 1 January 2021 |
|
138.1 |
|
697.2 |
|
1,534.0 |
|
390.0 |
|
82.7 |
|
2,842.0 |
|
Net carrying amount as at 30 June 2021 |
|
138.1 |
|
669.6 |
|
1,585.0 |
|
331.4 |
|
77.4 |
|
2,801.5 |
Projects in progress
In the first half of 2021, Flughafen Zürich AG invested a total of CHF 71.7 million in projects in progress (prior-year period: CHF 128.5 million). The biggest items comprise the following projects:
- Refurbishment and expansion of the baggage sorting system (CHF 31.0 million)
-
Renovation of runway 28/10 (CHF 5.5 million)
- Expansion of the landside passenger zones (CHF 3.9 million)
Impairment
Due to the coronavirus crisis and the related indicators that items of property, plant and equipment may be impaired, Flughafen Zürich AG performed some impairment tests (see note 16.1, Impairment in accordance with IAS 36).
