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P11 Leases

Operating leases with Sandvik as lessee according to RFR 2

Operating leases with Sandvik as lessee

 

2022

2023

Within one year

142

168

Between one and five years

307

487

Later than five years

235

309

Net carrying amount

684

964

Leasing fees for assets under operating leases, such as leased premises, machinery and office equipment are recognized within operating expenses. In 2023, the Parent Company expensed SEK 190 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.