Note 36 Operational leasing contracts

LEASING CONTRACTS WHERE THE COMPANY IS LESSEE

Expensed leasing payments for the year:

Group, MSEK 2018 2017
Koncernen, Mkr 2018 2017
Total leasing cost Totala leasingkostnader 258 246

Non-cancellable leasing payments amount to:

Group, MSEK 2018 2017
Koncernen, Mkr 2018 2017
Within a year Inom ett år 236 238
Between one and five years Mellan ett och fem år 472 471
Later than five years Senare än fem år 38 63
Total Summa 746 772

Rental of premises, office inventory and some vehicles are classified as operational leasing contracts. Most of the leasing cost refers to rental of premises according to operational leasing contracts. The leasing contracts run without special restrictions with an option to renew. Other operational leasing contracts are divided among a number of lesser agreements.

Leasing income generated by objects that are rented to a third party is marginal.

LEASING CONTRACTS WHERE THE COMPANY IS LESSOR

Leasing payments for the year recognized as income:

Group, MSEK 2018 2017
Koncernen, Mkr 2018 2017
Minimum lease payments Minimileaseavgifter 141 131
Variable fees Variabla avgifter 19 15
Total leasing income Totala leasingintäkter 160 146

Non-cancellable leasing payments amount to:

Group, MSEK 2018 2017
Koncernen, Mkr 2018 2017
Within a year Inom ett år 75 118
Between one and five years Mellan ett och fem år 171 248
Later than five years Senare än fem år 41 411
Total Summa 287 777

A commercial property in Västerås was divested at the end of 2018. A long leasing contract had been signed for this property the previous year.