Notes to the Consolidated Financial Statements

25. Operating leases  

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

€ 000

2012

2011

Within one year

3,468

3,413

Within more than one but less than five years

2,833 2,198

After more than five years

-

-

Total

6,301

5,611

 

 

 

The Group leases all of its production facilities and office premises. The average duration of the leases is one to three 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 maintenance lease agreements is three years.