C27 Leasing
Due to replacement of former lease contract with operating lease contract the Company has from 2016 no finance leases.
As of December 31, 2017, future minimum lease payment obligations were distributed as follows:
Future minimum lease payment obligations
| Operating leases |
||||
|
2018 |
3,491 | |||
|
2019 |
2,927 | |||
|
2020 |
2,506 | |||
|
2021 |
1,966 | |||
|
2022 |
1,442 | |||
|
2023 and later |
4,787 | |||
|
|
|
|||
|
Total |
17,119 | |||
|
|
|
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Expenses in 2017 for leasing of assets were SEK 4,194 (3,710) million, of which variable expenses comprised SEK 101 (217) million. The leasing contracts vary in length from 1 to 16 years.
The Company’s lease agreements normally do not include any contingent rents. In the few cases they occur, they relate to charges for heating linked to the oil price index. Most of the leases of real estate contain terms of renewal, giving the Company the right to prolong the agreement in question for a predefined period of time.
Leases with the Company as lessor
Leasing income relates to subleasing of real estate as well as equipment provided to customers under leasing arrangements. These leasing contracts vary in length from 1 to 15 years.
At December 31, 2017, future minimum payment receivables were distributed as follows:
Future minimum payment receivables
| Operating leases |
||||
|
2018 |
83 | |||
|
2019 |
87 | |||
|
2020 |
85 | |||
|
2021 |
87 | |||
|
2022 |
87 | |||
|
2023 and later |
184 | |||
|
|
|
|||
|
Total |
613 | |||
|
|
|
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Leasing income in 2017 was SEK 44 (47) million.