Note 8 Leasing
Financial leases
Electrolux has no material financial leases.
Operating leases
The future amount of minimum lease-payment obligations are distributed as follows:
|
|
Operating leases |
|---|---|
| 2014 | 701 |
| 2015-2018 | 1,814 |
| 2019- | 428 |
| Total | 2,943 |
Expenses in 2013 for rental payments (minimum leasing fees) amounted to SEK 757m (779). Among the Group’s operating leases there are neither material contingent expenses, nor restrictions.
StopSearchHereCEO Statement
In 2013 we continued to deliver above our growth target and delivered 4.5% in organic sales growth.
CEO Statement
I'm convinced that raising product efficiency for the growing middle class is where long-term shareholder value creation lies.
Our products
Electrolux is the only appliance manufacturer in the industry to offer complete solutions for both consumers and professionals. The focus is on innovative and energy-efficient products in the premium segments.
Sustainability
Achieving the Group's vision of sustainability leadership is crucial to realizing the business strategy. The objective is to develop smarter, more accessible, resource-efficient solutions that meet people's needs and improve their lives. Read the comprehensive sustainability performance review.
Awards & recognition
Financial Reporting
Net sales for the Electrolux Group in 2013 amounted to SEK 109,151m, as against SEK 109,994m in the previous year. The organic sales growth was 4.5%, while currencies had an impact of -5.3%.
