Financial leases
At December 31, 2011, the net carrying amount of the Group’s financial leases totals SEK 4m (149). The building with the North American head office in Charlotte, North Carolina, that was previously leased was acquired during the year. Future financial lease payments amount to SEK 5m.
Operating leases
The future amount of minimum lease-payment obligations are distributed as follows:
| Operating leases | |
| 2012 | 733 |
| 2013–2016 | 1,638 |
| 2017– | 583 |
| Total | 2,954 |
Expenses in 2011 for rental payments (minimum leasing fees) amounted to SEK 839m (807). Among the Group’s operating leases there are neither material contingent expenses, nor restrictions.