CDON Group Annual Report 2010

Annual Report 2010

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Note 21 Operating leases

Group            
The Group mainly rents a number of warehouses, office locations, and office equipment through operational leases.
Leases and other commitments for future payments at 31 December 2010
Group (SEK thousands)         Future payments on non-voidable contracts
2011           8 803
2012           6 781
2013           6 830
2014           6 705
2015           6 803
2016 and beyond           5 882
Total leases and other commitments           41 804
             
Leasing expense for the year           9 431
             
Leases and other commitments for future payments at 31 December 2009
Group (SEK thousands)         Future payments on non-voidable contracts
2010           2 852
2011           1 550
2012           -
2013           -
2014           -
2015 and beyond           -
Total leases and other commitments           4 402
             
Expenses for the year           2 852
             
Parent company            
The parent company mainly rents office premises through operational leases.  
Leases and other commitments for future payments at 31 December 2010
Parent company (SEK thousands)         Future payments on non-voidable contracts
2011           399
2012           -
2013           -
2014           -
2015           -
2016 and beyond           -
Total leases and other commitments           399
             
Leasing expense for the year           48
             
The parent company had no operational leases in 2009.

CDON Group AB, P.O. Box 385, Bergsgatan 20 (visiting address), SE-201 23 Malmö, Sweden