Note 19 Leases
The following tables of assets and liabilities relating to leases do not include the figures for Endinet as at year-end 2015.
Finance lease receivables
At year-end 2016 and 2015, Alliander had no receivables on finance leases.
Operating lease receivables
The total future minimum lease receivables from non-cancellable operating leases not shown on the face of the balance sheet are as follows:
Operating lease receivables
€ miljoen | 2016 | 2015 |
Binnen 1 jaar | 24 | 24 |
Tussen 1 en 5 jaar | 87 | 98 |
Meer dan 5 jaar | 72 | 75 |
Totaal per 31 december | 183 | 197 |
At 31 December 2016, the operating leases related mainly to rental of transformers, electric vehicle charge points and the subleasing of two district heating networks to N.V. Nuon Warmte, part of N.V. Nuon Energy.
Lease obligations
Finance lease liabilities
€ million | Less than 1 year | Between 1 and 5 years | Over 5 years | Total |
As at 31 December 2016 | ||||
Future minimum lease obligations | 11 | 44 | 235 | 290 |
Future finance expense on finance leases | -12 | -51 | -59 | -122 |
Present value of finance lease obligations | -1 | -7 | 176 | 168 |
As at 31 December 2015 | ||||
Future minimum lease obligations | 11 | 43 | 238 | 292 |
Future finance expense on finance leases | -12 | -49 | -69 | -130 |
Present value of finance lease obligations | -1 | -6 | 169 | 162 |
Finance lease payables at year-end 2016 and year-end 2015 mainly related to an obligation in respect of two cross-border lease transactions (see note [2]).
The total future minimum lease obligations on operating leases were as follows:
Operating lease liabilities
€ million | 2016 | 2015 |
Less than 1 year | 21 | 23 |
Between 1 and 5 years | 47 | 35 |
Over 5 years | 13 | 5 |
Total as at 31 December | 81 | 63 |
Alliander has operating lease payables in respect of buildings, spaces, telecommunication interconnections and company cars.
The following table presents the costs for the year connected with operating leases.
Operating lease costs
€ million | 2016 | 2015 |
Operating leases | 26 | 28 |
Additional services | 19 | 19 |
Total as at 31 December | 45 | 47 |
The operating leases relate to the net amounts of minimum and contingent lease payments. The additional services relate to the services of maintenance, management, fuel , insurance and so on provided in connection with these contracts.