2.8 Theoretical impact of goodwill capitalisations

The goodwill resulting from acquisitions is offset against consolidated equity at the time of acquisition. A theoretical amortisation period over five years would have the following effects on the result and the balance sheet:

in CHF thousand   2020   2019
Impact on income statement (previous year at 30 June 2019)   –180   –10
Impact on balance sheet (previous year at 31 December 2019)   3,249   99

Retained earnings include an additional CHF 27,932,000 (31.12.2019: CHF 27,932,000) of goodwill that is theoretically fully amortised.