Note 16 Leasing

Download Excel

Operating leases Group Parent Company
Addtech as leasee 2014/2015 2013/2014 2014/2015 2013/2014
Lease payments        
Lease payments made during the financial year 124.1 110.4 4.2 3.5
of which variable payments 0.7 1.0
Future minimum lease payments under non-cancellable contracts fall due as follows:        
Within one year 95.6 87.1 3.5
Later than one year and within five years 179.3 161.2 11.8 12.5
Five years or later 9.7 11.4 2.9
Total 284.6 259.7 15.3 15.4
         
Significant operating leases primarily constitute rental contracts for premises in which the Group conducts business.

Addtech as lessor

Addtech received a total of SEK 0.8 million (1.0) in lease revenue during the financial year. SEK 1.3 million (2.0) remains to be received within one year, and thereafter a total of SEK 1.7 million (2.8) is receivable within five years or later. Most operating leases for which Group companies are lessors concern the rental of technical equipment to customers.

Finance leases

At present there are no significant finance leases in the Group.