P11 Leases

Operating leases with Sandvik as lessee according to RFR 2

Operating leases with Sandvik as lessee

2021

2022

Within one year

126

142

Between one and five years

307

307

Later than five years

182

235

Net carrying amount

615

684

Leasing fees for assets under operating leases, such as leased premises, machinery and office equipment are recognized within operating expenses. In 2022, the Parent Company expensed SEK 173 million.

Operating leases with Sandvik as lessor

No future minimum lease payments under non-cancellable operating lease contracts (0).

Accounting principles

Leased assets

The Parent Company recognizes all lease contracts according to the rules for operating leases.