23. Operating leases

Notes to the Consolidated Financial Statements

23. Operating leases  

Minimum lease payments on the basis of other non-cancellable leases:

€ 000

2015

2014

Within one year

4,292 4,389

Within more than one but less than five years

8,200 3,890

After more than five years

931 309

Total

 13,423

8,589
 

 

 

The Group leases all of its production facilities and office premises. The average duration of the leases is 1–5 years, and they normally include the option of extension after the original date of expiry. The Group has also leased motor vehicles on maintenance lease agreements. The normal duration of lease agreements is three years.