The operating leases relate to arrangements in which the Group provides instruments free of charge in return for a minimum commitment of the customer for consumables or reagents. The Group did not enter into any finance lease contracts. The total consideration of such combined contracts is allocated to the lease component and the sale of the consumables and reagents in proportion to the estimated stand-alone values of the lease and the minimum commitment for consumables and reagents.
The future minimum lease receivables under non-cancellable operating leases are:
Within one year
In 1 to 3 years
In 3 to 5 years
After 5 years
Total future minimum lease receivables
In financial year 2022, CHF 1.0 million (2021: CHF 1.1 million) were recognized as sales from leases in the consolidated statement of profit or loss.