26 Rental and lease commitments
The commitments arising from operating leases are largely rental payments for buildings.
Commitments under non-cancellable operating leases:
| 2014 | 2015 |
CHF 1,000 |
|
|
Due date |
|
|
1st year | 7,565 | 5,891 |
2nd year | 5,568 | 3,281 |
3rd year | 2,982 | 1,630 |
4th year | 1,410 | 704 |
5th year | 691 | 613 |
6th year or beyond | 2,839 | 2,247 |
|
|
|
Balance at December 31 | 21,055 | 14,366 |
In financial year 2015, CHF 7.9 million (2014: CHF 8.2 million) were recognized as expenses for leases in the consolidated statement of profit or loss.
The Group did not enter into any finance lease contracts.
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