Investor Presentaiton
101
A.P. Moller-Maersk Annual Report 2020
Note 18 Commitments - continuing operations
The future charter and operating lease payments are:
Financials
Consolidated financial statements
Notes index
Table 18.1
Lease commitments
Ocean
Logistics
& Services
Terminals
& Towage
Manu-
facturing
& Others
Total
2020
Within one year
152
2
19
4
177
Total
152
2
19
4
177
2019
Within one year
Total
79
79
22
22
23
23
Table 18.2
Capital commitments
2020
Capital commitments relating to the
acquisition of non-current assets
Commitments towards concession
grantors
Total capital commitments
224
24
91
217
24
91
217
Ocean
Logistics
Terminals
& Services
& Towage
311
294
605
Manu-
facturing
Total
& Others
162
8
481
964
1,258
1,126
8
1,739
2019
Capital commitments relating to the
acquisition of non-current assets
345
12
202
2
561
Commitments towards concession
grantors
Total capital commitments
269
913
1,182
614
12
2
1,115
2
1,743
Amounts in USD million
=
Table 18.1
Operating lease commitments
As part of the Group's activities, customary agreements
are entered into regarding charter and operating leases of
ships, containers, port facilities, etc. From 1 January 2019,
the Group has recognised right-of-use assets for these
leases, except for short-term and low-value leases, see
note 8 for further information.
Table 18.2, table 18.3 and table 18.4
The decrease in capital commitments is primarily related
to contractual payments during 2020.
USD 1.7bn relates to investments mainly within the Ocean
and Terminals & Towage segments. Commitments related
to the newbuilding programme for tugs is USD 18m.View entire presentation