Consolidated financial statements
1
3
LISI 2014FINANCIALREPORT
I
53
Given their immaterialnature, theminimum futurepayments relative to
rentsandtheircurrentvaluearenotbrokendownbymaturity.
The scopemovements concern the entry of theManoir Group in June
2014.
c)Operating leaseagreements
Themainassets required foroperations thatdonotbelong to theGroup
or its subsidiaries are industrial buildings andoffice space (headoffice).
Other operating lease agreements mainly relate to office automation
equipment.
No significant commercial leases have been signed with company
executivesorwithcompaniesbelongingtoexecutivesortheir families.
Thetotalannualexpense isapproximately€14.1M.
2.5.1.3Financial assetsand liabilities
Financialassetsandliabilitiesrecordedonthebalancesheetarebrokendownintothefollowingaccountingcategoriesandclassesoffinancialinstruments:
Financial assets and liabilities recorded
on balance sheet
(In€'000)
At 12/31/2014
Breakdown by instrument category
Net value
accounting
Fair
value
Fair value
via
earnings
Assets
available
for sale
Loans and
receivables
Debt at
depreciated
cost
Instruments
derivatives
Long-term financial assets
9,357
9,357
9,357
Other long-termassets
976
976
976
Tradeandother receivables
216,107 216,107
214,614
1,493
Cashandcashequivalents
110,818 110,818 110,818
Total financialassets
337,258 337,258
110,818
224,947
1,493
Long-termborrowings
245,690 245,690
243,421
2,269
Other long-term financial liabilities (excl.PCA)
5,856
5,856
5,856
Short-termborrowings
46,363
46,363
46,363
Tradeandotheraccountspayable
244,261 244,261
239,430
4,831
Total financial liabilities
542,170 542,170
535,070
7,100
Financial assets and liabilities
recorded on balance sheet
(In€'000)
At 12/31/2013
Breakdown by instrument category
Net value
accounting
Fair
value
Fair value
via
earnings
Assets
available
for sale
Loans and
receivables
Debt at
depreciated
cost
Instruments
derivatives
Long-term financial assets
6,385
6,385
6,385
Other long-termassets
936
936
936
Tradeandother receivables
169,479 169,479
166,049
3,430
Cashandcashequivalents
94,000
94,000
94,000
Total financialassets
270,800 270,800 94,000
173,370
3,430
Long-termborrowings
118,640 118,640
117,952
688
Other long-term financial liabilities (excl.PCA)
5,632
5,632
5,632
Short-termborrowings
43,178
43,178
43,178
Tradeandotheraccountspayable
207,267 207,267
204,646
2,621
Total financial liabilities
374,717
374,717
371,408
3,309
