Hexagon Annual Report 2019

NOTE 14 LEASES Ordinary lease payments for 2019 were NOK 3 864 thousand (3 515 in 2018). (NOK 1 000) 2019 Not later than 1 year 3 860 1 to 5 years 7 026 Later than 5 years Total 10 886 FUTURE MINIMUM LEASE PAYMENTS RELATING TO FIXED TERM LEASES FALL DUE AS FOLLOWS: There have not been any significant events after the balance sheet date. NOTE 15 EVENTS AFTER THE BALANCE SHEET DATE A previously unknown coronavirus has spread from China to large parts of the world, including Europe, Norway and USA. The World Health Organization (WHO) has declared the coronavirus outbreak a pandemic. The health authorities are now implementing far-reaching measures to prevent the spread of the disease and reduce the pressure on the health services. The measures already taken and more that will be taken are heavily influencing daily business operations for all actors. At the time of preparation and resolution of annual accounts, we don’t have an oversight of the consequences for our markets, businesses and operations. 82 170 2019 AT A GLANCE FROM THE BOARD ROOM FINANCIAL STATEMENTS