Sandvik logo

P10 Leases

Operating leases with Sandvik as lessee according to RFR 2

Operating leases with Sandvik as lessee

 

2023

2024

Within one year

168

174

Between one and five years

487

501

Later than five years

309

321

Net carrying amount

964

996

Leasing fees for assets under operating leases, such as leased premises, machinery and office equipment are recognized within operating expenses. In 2024, the Parent Company expensed SEK 159 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.