Investor Presentaiton
nuuday
Management review Financial statements Section 1
Section 2
Section 3
Section 4
Section 5
Section 6
Parent company
Statements
..........
3.3 | Lease assets and liabilities
Lease assets (DKKm)
Carrying amount at 1 January
Additions
Transfer to property, plant and equipment
Disposals
Depreciation
Carrying amount at 31 December
Amounts recognised in the income statement (DKKm)
Expense relating to short-term leases
Depreciation charge of lease assets, cf. above
Interest expense (included in financing costs)
2022
Network
Land and
buildings
infrastructure
344
12
(61)
295
OO
2021
Vehicles and
equipment
Total
Land and
buildings
Network
infrastructure
2022
2021
Vehicles and
equipment
Total
34
378
372
2
38
412
26
38
44
21
65
(2)
(2)
-
(4)
(4)
(11)
(1)
(12)
(24)
(85)
(61)
(24)
(85)
32
327
344
0
34
378
Lease liabilities (DKKm)
(29)
(24)
(85)
(85)
Recognised in the balance sheet at present value:
External lease liabilities
(10)
(11)
Lease liabilities due to group companies
Total
Of which presented as current
Total non-current
2022
2021
15
4
342
395
357
399
(83)
(82)
274
317
Comments
Nuuday leases various offices, retail
stores, vehicles and equipment.
Rental contracts are typically made
for fixed periods of 3 to 15 years but
may have extension options.
Lease terms are negotiated on an
individual basis and contain a wide
range of different terms and condi-
tions. The lease agreements do not
impose any covenants other than
the security interests in the leased
assets that are held by the lessor.
Leased assets may not be used as
security for borrowing purposes.
Maturing between 1 and 3 years
Maturing between 3 and 5 years
Maturing between 5 and 10 years
Total non-current
141
138
63
89
70
90
274
317
Reconciliation of lease liabilities (DKKm)
2022
2021
Carrying amount at 1 January
Lease payments
399
426
(75)
(79)
39
65
(6)
(13)
357
399
New lease contracts
Other non-cash movements
Carrying amount at 31 December
Nuuday Annual Report 2022
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