Operating leases

Customize annual report

Costs and liabilities of operating leases

Eneco has operating lease agreements for IT facilities and the vehicle fleet. There are also rental agreements for land and a number of business premises. A cost of € 61 million (2012: € 59 million) has been recognised through the income statement in this respect. The minimum obligations under these agreements fall due as follows:

At 31 December 2013

At 31 December 2012

Within 1 year

56

61

From 1 to 5 years

168

163

After 5 years

196

185

Total

420

409

Revenues from operating leases

Equipment and energy installations are leased for periods of 5 to 15 years while the assets concerned remain the property of Eneco. The lease covers making the equipment available to users and maintenance. Revenues of € 41 million (2012: € 40 million) have been recognised through the income statement.

The minimum receivables from non-terminable lease agreements fall due as follows:

At 31 December 2013

At 31 December 2012

Within 1 year

32

35

From 1 to 5 years

90

108

After 5 years

68

114

Total

190

257