Financial Report - Comptel

27. Adjustments to cash fl ows from operating activities
NON-CASH TRANSACTIONS OR ITEMS THAT ARE NOT PART OF CASH FLOWS FROM OPERATING ACTIVITIES
in eur 1,000 2006 2005
Depreciation and amortization 4,549 3,650
Exchange differences 281 112
Share of profi t / loss of associates 54 -54
Gains on disposals 0 -548
Translation differences -53 325
Share-based payments 583 87
Total 5,414 3,572
28. Operating leases
MINIMUM LEASE PAYMENTS ON NON-CANCELLABLE OFFICE FACILITIES LEASES AND OTHER OPERATING LEASES ARE PAYABLE AS FOLLOWS:
in eur 1,000 2006 2005
Less than one year 3,518 3,384
Between one and fi ve years 7,561 10,055
More than fi ve years 1,253 2,459
Total 12,332 15,898
Comptel has leased the office premises it
uses. These leases typically run for a period
from one to eight years, and normally with
an option to renew the lease after that date.
The index, renewal and other terms of the
agreements are diverse.
The income statement for the year
2006 includes lease expenses for the office
premises amounting to 3,490 thousand
euro (2005: 2,813 thousand euro).
The changes in the operating leases
taken place after the balance sheet date are
described in more detail in note 31. Subsequent
events.
29. Commitments and contingencies
in eur 1,000 2006 2005
Bank guarantees 775 773
41
Notes to the Consolidated Financial Satements