Notes for P&L
Note 25 Leases
Fingerprints is the lessee in agreements regarding real estate. The agreements are reported as a right-of-use asset and as a corresponding liability as of the date the asset is available for use. The lease payments are divided into interest payments and amortization. The interest component is presented as interest paid in the cash flow statement. The right-of-use asset is depreciated on a straight-line basis during the useful life of that asset or the lease term. Assets and liabilities arising from leases are measured on the basis of cost. The lease liability consists of the present value of fixed fees, variable fees that depend on the index or price, amounts that are expected to be paid out according to residual value guarantees. Future charges are discounted using the implicit interest rate of the contract. If it cannot be determined, the group's marginal loan rate is used instead. Expenses for leases with a lease term of less than 12 months and leases for low-value assets are accrued on a straight-line basis and are recognised as an expense in the income statement. Low-value assets mainly refer to IT equipment, office furniture and other office equipment.
| Group | ||
|---|---|---|
| Lease arrangements where the company is the lessee, SEK M | 31-Dec-24 | 31-Dec-23 |
| Non-cancelable lease charges amount to: | ||
| Within one year | 4.1 | 6.3 |
| Between one year and two years | 2.8 | 4.1 |
| Between two years and three years | 0.0 | 2.8 |
| Between three years and four years | 0.0 | 0.0 |
| Between four years and five years | 0.0 | 0.0 |
| Total | 6.9 | 13.2 |
| Group | ||
| Lease payments for leases during the year, SEK M | 2024 | 2023 |
| Lease payments | 21.0 | 23.3 |
| Total lease payments | 21.0 | 23.3 |
| Group | ||
| Lease agreements, in balance sheet, SEK M | 2024 | 2023 |
| Right-of-use assets, January 1 | 14.4 | 25.3 |
| Added right-of-use assets | 0.0 | 0.0 |
| Depreciation | -6.2 | -11.1 |
| Translation difference | 0.1 | 0.2 |
| Right-of-use assets, closing balance | 8.3 | 14.4 |
| Group | ||
| Lease agreements, in income statement, SEK M | 2024 | 2023 |
| Depreciation use-of rights assets | -6.2 | -11.1 |
| Interest costs leasing liabilities | -0.2 | -0.3 |
| Expenses for short-term leases and leases of low value | -0.2 | -0.2 |
| Lease agreements, in income statement, SEK M | -6.6 | -11.6 |