26. Operating leases

EUR 1,000 2016 2015



Group as lessee


Minimum lease payments of the non-cancellable operating leases are as follows:


Operating leases


Less than one year 898 1,079
Between one and five years 1,712 2,253
Total 2,610 3,333



The Group has leased office equipment, office facilities and company cars. The leases typically run for one to three years and normally they include an option to continue the lease agreement after the original ending date. The index, terms of renewal and other conditions in different agreements may vary. EUR 2,248 (2,390) thousand was recognised as an expense in the income statement in respect of operating leases.