24. Leasing
Operating leasing
The Group has entered into various operating leases for vehicles and buildings. The operating leases have lifespans of one to five years. Certain leases include renewal options.
As of 31 December future minimum lease payments under significant non-cancellable operating leases are as follows:
in thousand EUR | 2018 | 2017 | ||
---|---|---|---|---|
Within one year | 162 | 78 | ||
Within two to five years | 65 | 8 | ||
Total lease payments | 227 | 86 |
Finance leasing
The Group has entered into several finance leases for vehicles and machinery. The finance leases have lifespans of three to four years.
As of 31 December future minimum lease payments under finance lease are as follows:
in thousand EUR | 2018 | 2017 | ||
---|---|---|---|---|
Within one year | 1 200 | 1 217 | ||
Within two to five years | 886 | 1 049 | ||
Total lease payments | 2 086 | 2 266 | ||
Less interest expense component | –186 | –228 | ||
Total lease payments | 1 900 | 2 038 |