Annual Report 2012 - Bank Sarasin
Annual Report 2012 - Bank Sarasin
Annual Report 2012 - Bank Sarasin
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2.7 Depreciation and amortisation<br />
CHF 000 <strong>2012</strong> 2011 Change to 2011<br />
CHF %<br />
Depreciation of property and equipment 17,928 18,408 -480 -2.6<br />
Amortisation of intangible assets 1) 21,107 26,534 -5,427 -20.5<br />
Total depreciation and amortisation 39,035 44,942 -5,907 -13.1<br />
1)<br />
Of this, CHF 6.6 million (previous year: CHF 11.5 million) is attributable to intangible asset impairment<br />
losses at bank zweiplus ltd.<br />
<strong>Bank</strong> <strong>Sarasin</strong> & Co. Ltd, <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong> | 32
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