10. Other operating expenses
| In millions of CHF | 2025 | 2024 | ||
|---|---|---|---|---|
| Rental and occupancy costs | 11.3 | 11.9 | ||
| Ground rents | 2.9 | 4.7 | ||
| Rental costs for communication equipment/telecommunication expense | 2.7 | 2.3 | ||
| Board of Directors' fees and expenses incl. social costs | 0.9 | 0.9 | ||
| Actual expenses for travel and subsistence for employees and third parties | 2.6 | 2.5 | ||
| Fees, dues and licences | 4.6 | 4.9 | ||
| Insurance | 2.4 | 2.5 | ||
| Other administrative costs | 5.3 | 10.5 | ||
| 32.7 | 40.2 |
Other administrative costs include borrowing costs of CHF 0.9 million (previous year: CHF 6.2 million), which were incurred in connection with the additional tasks assigned to Swissgrid by the federal government in the power reserve segment and represent chargeable costs in accordance with Article 22 WResO.
Board of Directors’ fees and expenses represent fixed gross remuneration, including the deduction of any employee contributions to the employee pension plan. The remuneration paid to the Chairman of the Board of Directors amounted to CHF 250,000, including lump-sum expenses (previous year: CHF 250,000). The remaining members of the Board of Directors received remuneration of between CHF 57,500 and CHF 77,500 pro rata temporis for 2025, including lump-sum expenses (previous year: between CHF 57,500 and CHF 77,500).
Further information on the members of the Board of Directors can be found in the Corporate Governance Report.