1.2 Cost of materials and services
| in CHF mn | 2022 | 2021 | ||
|---|---|---|---|---|
| Costs of material | 61.6 | 35.1 | ||
| Cost of services | 102.6 | 107.0 | ||
| Cost of merchandise | 1.2 | 1.8 | ||
| Total | 165.4 | 143.8 |
The significant increase in material costs can be attributed to the doubling of the paper price over the course of 2022. Cost of services, which include directly attributable costs such as external staff, IT costs (hosting and licences) and media content expenses, remained largely stable.