Annual Report 2021

30. Commitments

Capital expenditure and right-of-use assets contracted for at the balance sheet date but not yet incurred nor commenced are:

CHF million

 

2021

 

2020

Property, plant and equipment

 

64.8

 

80.1

Intangible assets

 

0.2

 

Right-of-use assets

 

1.6

 

31.9

The lease commitments represent leases that have not commenced yet, which are highly likely to materialize, mainly for rentals of warehouses, offices and retail stores.