Note 16

Leases

Operating leases Group Parent Company
Addtech as leasee 2018/2019 2017/2018 2018/2019 2017/2018
Lease payments
Lease payments made during the financial year 169 121 5 5
of which variable payments 2 1
Future minimum lease payments under non-cancellable contracts fall due as follows:
Within one year 148 88 5 5
Later than one year and within five years 369 197 3 9
Five years or later 102 25
Total 619 310 8 14
Significant operating leases primarily constitute rental contracts for premises in which the Group conducts business.

Addtech as lessor

The Group currently has no significant operating lease income.

 

Finance leases

The Group currently has no significant finance leases.

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