Chapters
Annual Report 2019

5. Leases

For the accounting principles for Lease liabilities and Right-of-use assets, refer to note 12 to the consolidated financial statements for more details.

Lease contract relates to several floors in office building.

The movements in the Right-of-use Assets are as follows:

in thousands of EUR

Notes

Right -of- use assets

At 1 January 2019

Cost

5,802

Accumulated depreciation and impairment

-

Carrying amount

5,802

Movements

Additions

374

Reassessments/modifications

- 1,085

Depreciation charge

- 686

At 31 December 2019

4,405

Cost

5,091

Accumulated depreciation and impairment

- 686

Carrying amount

4,405

The movements in the Lease liabilities are as follows:

in thousands of EUR

Lease liabilities

At 31 December 2018

-

Adjustment on initial application of IFRS 16

6,313

At 1 January 2019

6,313

Additions

355

Reassessments/modifications

- 1,085

Payments

- 762

Accrued interest

62

At 31 December 2019

4,883

Non-current

4,110

Current

773

At 31 December 2019

4,883