Annual Report 2002 - Agfa
Annual Report 2002 - Agfa
Annual Report 2002 - Agfa
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS<br />
23. Operating leases<br />
Leases as lessee<br />
The Group leases mainly buildings and infrastructure under a number of operating<br />
lease agreements. The future lease payments under these non-cancellable operating<br />
leases are due as follows:<br />
MILLION EUROS <strong>2002</strong> 2001<br />
Not later than one year 43 41<br />
Between one and five years 94 102<br />
Later than five years 29 37<br />
TOTAL 166 180<br />
Leases as lessor<br />
The Group leases out other equipment under operating leases.<br />
Non-cancellable operating lease rentals are as follows:<br />
MILLION EUROS <strong>2002</strong> 2001<br />
Not later than one year 4 4<br />
Between one and five years 14 11<br />
Later than five years - -<br />
TOTAL 18 15<br />
24. Commitments and contingencies<br />
MILLION EUROS <strong>2002</strong> 2001<br />
Issuance and endorsement of bills 16 26<br />
Guarantees 20 22<br />
Warranties 8 11<br />
Other 3 3<br />
TOTAL 47 62<br />
Total purchase commitments in connection with major capital expenditure projects<br />
for which the respective contracts have already been awarded or orders placed<br />
amounted to 7 million Euros as of December 31, <strong>2002</strong> (2001: 8 million Euros).<br />
83<br />
<strong>Agfa</strong> annual report <strong>2002</strong>
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