Annual Report 2015

30. Interest-bearing loans

 

 

Carrying

amount

Fair value

Carrying

amount

Fair value

EUR million

2015

2015

2014

2014

Non-current

       

Bonds

99.8

104.1

251.3

263.6

Finance lease liabilities

26.4

26.4

32.1

32.1

Other

0.5

0.5

0.1

0.1

Total

126.7

131.0

283.5

295.9

         

Current

       

Loans from financial institutions

150.4

154.0

0.0

0.0

Finance lease liabilities

13.2

13.2

11.8

11.8

Other

0.0

0.0

0.2

0.2

Total

163.6

167.2

12.0

12.0

         

Finance lease liabilities: minimum lease payments

   
         

EUR million

   

2015

2014

Less than 1 year

   

14.2

13.1

1–5 years

   

27.1

33.3

More than 5 years

   

0.2

0.7

Minimum lease payments total

   

41.6

47.1

Future interest expenses

   

-2.1

-3.2

Total

   

39.5

43.9

         

Present value of minimum lease payments:

   
         

EUR million

   

2015

2014

Less than 1 year

   

13.2

11.8

1–5 years

   

26.4

32.1

More than 5 years

   

-

0.0

Total

   

39.6

43.9

         

Finance leases consist mainly of leased transport, production and IT-equipment. Duration of leasing contracts is typically 3–10 years.