Lease liabilities

12 Months Ended

Dec. 31, 2019

Lease liabilities.

Lease liabilities

22. Lease liabilities

On adoption of IFRS 16 on January 1, 2019, we recognized lease liabilities in relation to leases, which had previously been classified as ‘operating leases’ under IAS 17.

	December 31,						December 31,
	2019		2018		2017		2019		2018		2017
	(Euro, in thousands)						(Euro, in thousands)
	Lease payments						Present value of lease payments
Lease liabilities
Within one year	€	6,189			€	9	€	5,826			€	9
In the second to fifth years inclusive		16,320						15,783
After five years		3,844						3,775
	€	26,353		-	€	9	€	25,384		-	€	9
Less future finance charges		969
Present value of lease liabilities	€	25,384		-	€	9
Less amount due for settlement within 12 months								5,826				9
Amount due for settlement after 12 months							€	19,558		-	€	-