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Right-of-use assets
12 Months Ended
Dec. 31, 2019
Right-of-use assets  
Right-of-use assets

8. Right-of-use assets

 

 

 

 

 

 

 

 

    

Properties

    

Equipment

    

Total

At December 31, 2019

 

  

 

  

 

  

Opening net book amount

 

 —

 

 —

 

 —

Adoption of IFRS16 as at January 1, 2019

 

483,350

 

61,160

 

544,510

Additions

 

308,987

 

13,541

 

322,528

Depreciation charge

 

(296,656)

 

(27,487)

 

(324,143)

Exchange differences

 

445

 

 —

 

445

Closing net book amount

 

496,126

 

47,214

 

543,340

 

 

 

 

 

 

 

At December 31, 2019

 

  

 

  

 

  

Cost

 

792,337

 

74,701

 

867,038

Accumulated depreciation

 

(296,211)

 

(27,487)

 

(323,698)

Net book value

 

496,126

 

47,214

 

543,340

 

The Group recorded a depreciation charge in 2019 of CHF 259,940 as part of research and development expenses and CHF 64,203 as part of general and administration expenses.

The maturity analysis of lease liabilities is presented under note 12.