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

 

2023

 

2022

Property, plant and equipment

 

106.9

 

112.2

Intangible assets

 

0.1

 

0.2

Right-of-use assets

 

2.0

 

2.9

The contractual commitments within property, plant and equipment are mostly related to the expansion of production capacity in the USA (CHF 39.4 million), Switzerland (CHF 26.3 million), Germany (CHF 19.0 millon) and Italy (CHF 8.3 million).