Asset Buyout Partners Annual Report 2020

Lease liabilities Figures in NOK 2020 2019 Undiscounted lease liabilities and maturity of cash outflows Less than 1 year 4 027 445 4 199 412 1-2 years 2 437 067 4 166 412 2-3 years 2 396 851 2 660 745 3-4 years 2 396 851 2 327 412 4-5 years 2 396 851 2 327 412 More than 5 years 51 150 154 45 272 040 Total undiscounted lease liabilities 64 805 218 60 953 434 Figures in NOK 2020 2019 Summary of the lease liabilities At initial application (at 1 January 2019) 31 909 630 Total lease liabilities at 1 January 32 023 438 31 909 630 New lease liabilities recognised in the year 0 2 326 314 Cash payments for the principal portion of the lease liability -2 317 750 -2 212 505 Adjustments to the lease liability due to changes in the CPI 955 057 Cash payments for the interest portion of the lease liability -1 881 662 -1 885 917 Interest expense on lease liabilities 1 881 662 1 885 917 Total lease liabilities at 31 December 30 660 745 32 023 438 Total lease liability is presented as part of other long-term and other short-term liabilities with the following amounts: Figures in NOK 2020 2019 Current lease liabilities 2 339 437 2 317 792 Non-current lease liabilities 28 321 308 29 705 647 The leases do not contain any restrictions on the Group’s dividend policy or financing. The Group does not have significant residual value guarantees related to its leases to disclose. Asset Buyout Partners | Annual Report 2020 44