Hexagon Annual Report 2019

NOTE 22 TRADE PAYABLES AND OTHER CURRENT LIABILITIES (NOK 1 000) 2019 2018 Trade payables 307 237 202 653 Forward exchange contracts 245 4 294 Public duties payable 23 279 16 710 Accrued expenses and other current liabilities 241 819 91 621 Earn-out obligation 0 1 860 Total 572 580 317 138 From 1 January 2019 the Group has implemented IFRS16 regarding leases. NOTE 23 LEASES THE GROUP AS LESSEE /LEASES (NOK 1 000) LAND AND BUILDINGS PLANT AND EQUIPMENT FIXTURES & FITTINGS, VEHICLES 2019 TOTAL AT COST Cost of acquisition 1.1 (right-of-use asset implementation) 279 206 380 5 451 285 037 Additions of right-of-use assets 14 049 0 1 084 15 133 Disposals 0 0 0 0 Transfers and reclassifications 0 0 0 0 Additions from purchase of companies 47 921 0 0 47 921 Translation differences 1 746 4 -21 1 729 Cost of acquisition 31.12 342 921 384 6 515 349 820 ACCUMULATED DEPRECIATION AND IMPAIRMENT Accumulated depreciation and impairment 1.1 (at implementation) 10 159 0 531 10 689 Depreciation for the year 52 465 384 2 346 55 196 Impairments for the year 0 0 0 0 Disposals 0 0 0 0 Transfers and reclassifications 0 0 0 0 Translation differences 123 0 -5 118 Accumulated depreciation and impairment 62 747 384 2 872 66 003 Carrying amount of right-of-use assets as of 31.12 280 174 0 3 643 283 817 47 133 2019 AT A GLANCE FROM THE BOARD ROOM FINANCIAL STATEMENTS