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 |