LISI 2012 FINANCIAL REPORT
49
3
Consolidated financial statements
b) Tangible assets held under a lease finance agreement
(in €'000)
Land
Buildings
Technical
facilities,
equipment and
tools
Other tangible
assets
Current assets
TOTAL
Gross values at December 31, 2011
10,590
18,600
29,190
Other net changes
Acquisitions
Disposals
(11)
(11)
Exchange rate spreads
(14)
(6)
(20)
Net values at December 31, 2012
10,576
18,583
29,159
Depreciation at December 31, 2011
2,452
10,102
12,554
Other net changes
Depreciation allowance
312
1,176
1,488
Depreciation reversals
Scope changes
Exchange rate spreads
(1)
5
4
Depreciation at December 31, 2012
2,762
11,283
14,046
Net values at December 31, 2012
7,813
7,300
15,113
Given their immaterial nature, the minimum future payments
relative to rents and their current value are not broken down
by maturity.
c) Operating lease agreements
The main assets required for operations that do not belong to
the Group or its subsidiaries are industrial buildings and office
space (head office). Other operating lease agreements mainly
relate to office automation equipment.
No significant commercial leases have been signed with
company executives orwith companies belonging to executives
or their families.
The total annual expense is approximately €7.5 million.
