Tiscali 2009 Annual Report Download - page 127
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Tiscali Group: Annual Report 2009
126
The financial leases are recorded under fixes assets in accordance with the international accounting
standards applied and shown in the table below.
Leasing included in
Intangible assets
Computers,
software and
development
costs
Concessions
and similar
rights
Broadband
service
activation
costs
Other Total
(EUR 000)
NET VALUE
31 December 2008 - 515 - - 515
31 December 2009 - ----
Leasing included in
Tangible assets
Properties Plant and
machinery
Other assets Total
(EUR 000)
NET VALUE
31 December 2008 57,869 48,892 - 106,761
31 December 2009 56,027 15,754 - 71,781
Total commitments relating to payments due from operating lease contracts are provided below.
31 December 2009 31 December 2008
(EUR 000)
Minimum payments due for leasing 1,402 583
Subleasing payments - -
Total 1,402 583
Total commitments relating to payments due from operating lease transactions which cannot be cancelled,
are presented in the following table.
31 December 2009 31 December 2008
(EUR 000)
Less than 1 year 1,031 3,857
Between 1 and 5 years 930 2,751
More than 5 years - -
Total 1,961 6,608