25.COMMITMENTS
The Corporation rents premises and equipment under operating leases and has entered into long-term commitments to purchase services, tangible and intangible assets, broadcasting rights, and to pay licences and royalties. Rent payments include an amount of $52.8 million for future payments to the parent corporation. The operating leases have various terms, escalation clauses, purchase options and renewal rights. The minimum payments for the coming years are as follows:
|
|
|
Leases |
|
Other |
|
||
|
|
|
|
|
|
|
||
|
2018 |
|
$ |
51.9 |
|
$ |
228.2 |
|
|
2019 to 2022 |
|
96.1 |
|
600.0 |
|
||
|
2023 and thereafter |
|
103.3 |
|
543.1 |
|
||
The Corporation’s operating lease expenses amounted to $68.1 million in 2017 ($67.1 million in 2016 and $71.2 million in 2015, of which $6.0 million was presented as part of discontinued operations in 2015).