Annual Report 2022

29. Commitments

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

CHF million

 

2022

 

2021

Property, plant and equipment

 

112.2

 

64.8

Intangible assets

 

0.2

 

0.2

Right-of-use assets

 

2.9

 

1.6

The contractual committments within property, plant and equipment are mostly related to the expansion of production capacity in Switzerland (CHF 56.7 million), the USA (CHF 23.1 million), Germany (CHF 16.4 millon) and Italy (CHF 10.2 million).