Note 25 - Leasing fees relating to operational leasing

The Group and the Parent Company have signed leasing agreements relating to proprietary stores and offices with the following lease commitments. Hemtex AB releases a small number of leasing objects to a few franchise holders. These contracts do not amount to significant sums and therefore no infor-mation is provided about these. The information below does not include leasing contracts for which Hemtex AB only reinvoices paid rent. For the leasing contracts that are based on sales, only the contracted base rent is recognized. In addition, the Parent Company and the Group have leasing contracts for computer systems, equipment and company cars.

	Group			Parent Company
	2008	2009	2009*	2008	2009	2009*
	30 April	30 April	31 Dec	30 April	30 April	31 Dec
Leasing fees paid during the fiscal year	160,357	182,571	135,019	111,394	116,450	84,105

	Group			Parent Company
	Equipment		Premises	Equipment		Premises
Contracted future leasing fees
2010	—		170,017	232		107,644
2011	—		137,380	—		98,454
2012	—		75,276	—		59,428
2013	—		35,379	—		27,982
2014 and later	—		30,641	—		22,462

Variable fees in the form of turnover rent are not included in the fees recognized above.

The agreements can be terminated with a notice period of six to 12 months prior to the end of the agreement.

There is generally no possibility to renegotiate during the agreement duration.

There is no option for acquiring the objects.

* Pertains to the abbreviated fiscal year May 1–December 31, 2009.