Note 8 Leasing
Financial leases
Electrolux has no material financial leases.
Operating leases
The future amount of minimum lease-payment obligations are distributed as follows:
|
Operating leases |
---|---|
2014 | 701 |
2015-2018 | 1,814 |
2019- | 428 |
Total | 2,943 |
Expenses in 2013 for rental payments (minimum leasing fees) amounted to SEK 757m (779). Among the Group’s operating leases there are neither material contingent expenses, nor restrictions.
StopSearchHereCEO Statement
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In 2013 we continued to deliver above our growth target and delivered 4.5% in organic sales growth.
CEO Statement
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I'm convinced that raising product efficiency for the growing middle class is where long-term shareholder value creation lies.
Our products
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Electrolux is the only appliance manufacturer in the industry to offer complete solutions for both consumers and professionals. The focus is on innovative and energy-efficient products in the premium segments.
Sustainability
Achieving the Group's vision of sustainability leadership is crucial to realizing the business strategy. The objective is to develop smarter, more accessible, resource-efficient solutions that meet people's needs and improve their lives. Read the comprehensive sustainability performance review.
Awards & recognition
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Financial Reporting
Net sales for the Electrolux Group in 2013 amounted to SEK 109,151m, as against SEK 109,994m in the previous year. The organic sales growth was 4.5%, while currencies had an impact of -5.3%.