13. Other note / Lease liabilities
The leasing liabilities are recorded in the balance sheet as short- and long-term on the basis of the economic approach, which includes all leasing contracts with the exception of short-term contracts (up to 12 months term) and low-value assets. The right-of-use is capitalized in the balance sheet and the leased assets are depreciated over the term of the lease.
| in CHF | Asset class | Useful life | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|---|---|
| Position of balance | ||||||||
| Property, plant, equipment and lease (rights-of-use assets) | Vehicles | 3 years | 5 583 | 15 842 | ||||
| Office spaces | 5 years | 304 575 | 391 597 | |||||
| IT equipment | 5 years | 4 349 | 6 721 | |||||
| Total rights-of-use assets | 314 507 | 414 160 | ||||||
| Total Leasing liabilities (short- and long-term) | 315 421 | 409 910 | ||||||
| Position of income statement | ||||||||
| Depreciation (rights-of-use assets) | –99 389 | –55 777 | ||||||
| Interest expenses lease liabilities | –4 331 | –2 859 | ||||||