Anders Hedin Invest Årsredovisning 1
NOTE 8 LEASES Group as lessee Operational leasing
Operational leases are mainly concerning cars in the rental car business. It concerns purchased cars combined with a commitment to future resale at a predetermined residual value. Future minimum lease payments at the closing date amounted to: Within one year Between one and five years After five years Group as lessor Assets that are leased under operating leases are reported as tangible fixed assets. These assets consist of rental of premises, sold cars combined with future repurchase commitments at a guaranteed Future minimum lease fees at the closing date amounted to: Within one year Between one and five years After five years residual value. The lease income for the year amounts to 168,358 (91,421). 1/1/2017 - 12/31/2017 218,400 208,232 0 426,632 NOTE 9 OTHER OPERATING EXPENSES Trading in securities Loss on sale of fixed assets Other Total NOTE 10 FINANCIAL INCOME Foreign exchange gains Interest income Total NOTE 11 FINANCIAL EXPENSES Interest expense Loss on sale of securities Foreign exchange losses Total 1/1/2017 - 12/31/2017 -63,316 -94,402 -3,118 -160,836 1/1/2016 - 12/31/2016 -46,713 0 -31 -46,744 1/1/2017 - 12/31/2017 936 678 1,614 1/1/2016 - 12/31/2016 0 981 981 1/1/2017 - 12/31/2017 -888 -49,268 -2,179 -52,335 1/1/2016 - 12/31/2016 0 -16,377 -5,026 -21,403 1/1/2016 - 12/31/2016 91,297 132,225 0 223,522 1/1/2017 - 12/31/2017 614,412 1,853,195 2,575,469 5,043,076 1/1/2016 - 12/31/2016 365,104 1,214,816 1,781,530 3,361,450 Properties are leased. Operating leases for the year amounted to 441,297 (155,807). 88 ANDERS HEDIN INVEST AB / ANNUAL REPORT / 2017