Note 16 Leasing

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Operating leases Group Parent Company
Addtech as leasee 2011/2012 2010/2011 2011/2012 2010/2011
Lease payments
Lease payments made during the financial year 102.8 85.7 2.7 2.7
of which variable payments 0.8 1.0
Future minimum lease payments under non-cancellable contracts fall due as follows:
Within one year 90.1 65.2
Later than one year and within five years 159.7 128.0 4.6 6.3
Five years or later 6.5 14.1
Total 256.3 207.3 4.6 6.3
Significant operating leases primarily constitute rental contracts for premises in which the Group conducts business.

Addtech as lessor

Addtech received a total of SEK 1.9 million (1.3) in lease revenue during the financial year. SEK 2.1 million (1.8) remains to be received within one year, and thereafter a total of SEK 2.4 million (2.3) is receivable within five years. 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.