Note 37 – Obligations

Operating leases

Duni leases a number of offices and warehouses as well as passenger cars, primarily for the sales organization. In addition, certain machinery is leased in the production operations. The leases are non-terminable operating leases. Leases have varying terms, index clauses and rights of extension. The terms are market terms as regards prices and lengths of the agreements.

The nominal value of future minimum lease payments, with respect to non-terminable leases, is broken down as follows:

  Group Parent Company
SEK m 2017 2016 2017 2016
Payable within one year  56 60  13 19
Payable later than one but within five years  106 130  6 12
Payable later than five years  47 61  –
Total  210 251  18 31
Of which leases signed during the year  33 42  8 10

 

The total expenses for operating leases during the year amounted to SEK 77 m (2016: SEK 72 m) in the Group and SEK 25 m (2016: 22 m) in the Parent Company.

Finance leases

The nominal value of future minimum lease payments, with respect to non-terminable leases, is broken down as follows:

  Group Parent Company
SEK m 2017 2016 2017 2016
Payable within one year  1 1  –
Payable later than one but within five years  2 6  –
Payable later than five years  0 6  –
Total  4 13  0 0
Present value of future lease payments  4 13  0 0