Chapters
Annual Report 2020

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.

The lease contract relates to several floors in an office building.

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

in thousands of EUR

Notes

2020

2019

At 1 January

Cost

5,091

5,802

Accumulated depreciation and impairment

- 686

-

Carrying amount

4,405

5,802

Movements

Additions

422

374

Reassessments/modifications

- 43

- 1,085

Depreciation charge

- 784

- 686

At 31 December

4,000

4,405

Cost

5,470

5,091

Accumulated depreciation and impairment

- 1,470

- 686

Carrying amount

4,000

4,405

The movements in the Lease liabilities are as follows:

in thousands of EUR

2020

2019

At 1 January

4,883

6,313

Additions

422

355

Reassessments/modifications

- 43

- 1,085

Payments

- 773

- 762

Rent reductions

- 82

-

Accrued interest

60

62

At 31 December

4,467

4,883

Non-current

3,655

4,110

Current

812

773

At 31 December

4,467

4,883