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6. Income from disposal of properties

Audited information

In CHF 1,000

2020

2019

Sales proceeds, net

91,637

105,827

Investment costs

–68,515

–96,047

Gross profit from disposal of properties

23,122

9,780

Accumulated valuation gains

–9,099

–1,545

Total profit on disposal of properties

14,023

8,235

of which profits on disposal of properties held for sale

782

4,117

of which profits on disposal of residential properties

4,309

1,582

of which profits on disposal of commercial properties

8,932

1,813

of which profits on disposal of undeveloped plots of land

-

723

For details of the properties sold see Note 11 and Note 12.