Note 45 Lease liabilities
The lease liabilities as at year-end 2019 were as follows:
Less than 1 year
Between 1 and 5 years
Over 5 years
As at 31 December 2019
Future lease payments of the on-balance lease liabilities
Future finance expenses of the on-balance lease liabilities
Present value of the on-balance lease liabilities
This relates to lease liabilities for business premises, lease vehicles, and rental of telecommunication mast sites.
Besides the above lease liabilities, there is an undiscounted amount of €77 million in lease obligations to which Alliander has committed but that have not yet started, relating to buildings and lease vehicles.