7. Property, plant, and equipment
| CHF million | Land / buildings | Machinery | Other fixed assets | Construction in progress | 2015 Total |
|---|---|---|---|---|---|
| Acquisition costs as at January 1, 2015 | 927.7 | 1,117.8 | 207.4 | 116.7 | 2,369.6 |
| Additions | 64.7 | 48.2 | 16.7 | 105.4 | 235.0 |
| Retirements | – 31.5 | – 7.0 | – 2.3 | – 1.4 | – 42.2 |
| Transfers | 16.0 | 55.0 | 4.7 | – 75.6 | 0.1 |
| Currency translation | – 44.4 | – 64.9 | – 13.4 | – 3.9 | – 126.6 |
| Acquisition costs as at December 31, 2015 | 932.5 | 1,149.1 | 213.1 | 141.2 | 2,435.9 |
| Accumulated depreciation as at January 1, 2015 | 420.1 | 701.3 | 160.1 | – | 1,281.5 |
| Additions | 36.0 | 58.5 | 16.4 | – | 110.9 |
| Impairments | 0.1 | 0.9 | – | – | 1.0 |
| Retirements | – 28.1 | – 6.5 | – 2.0 | – | – 36.6 |
| Transfers | 0.1 | – | – 0.1 | – | – |
| Currency translation | – 19.8 | – 40.9 | – 10.5 | – | – 71.2 |
| Accumulated depreciation as at December 31, 2015 | 408.4 | 713.3 | 163.9 | – | 1,285.6 |
| Net fixed assets as at December 31, 2015 | 524.1 | 435.8 | 49.2 | 141.2 | 1,150.3 |
| CHF million | Land / buildings | Machinery | Other fixed assets | Construction in progress | 2014 Total |
| Acquisition costs as at January 1, 2014 | 742.8 | 967.4 | 182.2 | 135.2 | 2,027.6 |
| Additions | 49.8 | 80.0 | 15.1 | 78.7 | 223.6 |
| Retirements | – 0.8 | – 5.2 | – 2.3 | – | – 8.3 |
| Transfers | 53.5 | 44.0 | 3.4 | – 101.3 | – 0.4 |
| Acquisition of subsidiary | 65.3 | 18.3 | 8.2 | 1.4 | 93.2 |
| Currency translation | 17.1 | 13.4 | 0.8 | 2.7 | 34.0 |
| Acquisition costs as at December 31, 2014 | 927.7 | 1,117.8 | 207.4 | 116.7 | 2,369.6 |
| Accumulated depreciation as at January 1, 2014 | 382.0 | 645.7 | 146.6 | – | 1,174.3 |
| Additions | 31.0 | 54.6 | 15.2 | – | 100.9 |
| Impairments | 3.5 | 0.1 | 0.2 | – | 3.8 |
| Retirements | – 0.7 | – 4.5 | – 2.1 | – | – 7.3 |
| Currency translation | 4.3 | 5.4 | 0.3 | – | 10.0 |
| Accumulated depreciation as at December 31, 2014 | 420.1 | 701.3 | 160.1 | – | 1,281.5 |
| Net fixed assets as at December 31, 2014 | 507.6 | 416.5 | 47.3 | 116.7 | 1,088.1 |
Advance payments of CHF 89.9 million (CHF 50.6 million in 2014) are included in the position construction in progress. The insurance value of property, plant, and equipment amounts to CHF 3,088.1 million (CHF 3,026.6 million in 2014). No mortgages exist on land and buildings.
The impairment charge totals CHF 1.0 million (CHF 3.8 million in 2014) and consists of writedowns of land and buildings amounting CHF 0.1 million (CHF 3.5 million in 2014) and of machinery and other fixed assets amounting CHF 0.9 million (CHF 0.3 million in 2014).
The net book value of capitalized assets, under financial lease, amounted to CHF 1.9 million (CHF 1.4 million in 2014). Operating lease commitments are not capitalized.