For the accounting principles for Lease liabilities and Right-of-use assets, refer to note 12 to the consolidated financial statements for more details.
Lease contract relates to several floors in office building.
The movements in the Right-of-use Assets are as follows:
in thousands of EUR | Notes | Right -of- use assets |
|---|---|---|
At 1 January 2019 | ||
Cost | 5,802 | |
Accumulated depreciation and impairment | - | |
Carrying amount | 5,802 | |
Movements | ||
Additions | 374 | |
Reassessments/modifications | - 1,085 | |
Depreciation charge | - 686 | |
At 31 December 2019 | 4,405 | |
Cost | 5,091 | |
Accumulated depreciation and impairment | - 686 | |
Carrying amount | 4,405 |
The movements in the Lease liabilities are as follows:
in thousands of EUR | Lease liabilities | |
|---|---|---|
At 31 December 2018 | - | |
Adjustment on initial application of IFRS 16 | 6,313 | |
At 1 January 2019 | 6,313 | |
Additions | 355 | |
Reassessments/modifications | - 1,085 | |
Payments | - 762 | |
Accrued interest | 62 | |
At 31 December 2019 | 4,883 | |
Non-current | 4,110 | |
Current | 773 | |
At 31 December 2019 | 4,883 |