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Note 50 – Operating leases

Commitments concerning operating leases

The Parent Company rents essentially all commercial premises under non-cancellable operating leases. The lease terms vary between 3 and 5 years and most leases can be extended at the end of the lease term for a fee corresponding to a market fee.

The income statement for the 2019 financial year includes lease expenses amounting to kSEK 7,971  (kSEK 5,378) pertaining to machinery, passenger cars and rental premises.

Future total minimum lease payments for non-cancellable operating leases are as follows:

Within 1 year7,5935,071
Between 1 and 5 years12,3315,428
More than 5 years00