103
2013
Annual Report
39
NOTE 18
.- Commitments
18.1.
Sale/purchase commitments
At the reporting date, the Company has signed sale-purchase contracts for the following items and amounts, all
of which are related to current operations:
The Company has no firm commitments to sell assets.
18.2.
Operating lease commitments
The Company mainly rents locations for its node equipment under operating leases. These contracts have a
term of between 10 and 30 years, most of which are renewable upon maturity under market conditions.
Future minimum payments under operating leases are as follows:
Operating lease instalments of Euros 4,411 thousand have been recognised as an expense for the year (Euros
8,287 thousand in 2012).
2013
2012
Intangible assets
275
740
Property, plant and equipment
3,541
7,799
Inventories
407
2,330
Total
4,223
10,869
2013
2012
Less than 1 year
2,265
3,422
1-5 years
10,202
12,322
Over 5 years
17,528
24,023
Total
29,995
39,767
