AEG 21604 G Instrukcja Użytkownika Pobierz pdf (Strona 531)

100

101

F-290

14. Off balance sheet commitments

Contractual cash obligations

The following table presents minimum payments that the Company will have to make in the future under con-

tracts and firm commitments.

2009

Less than

1 year 1 - 3 years 4 - 5 years Total

€ 1,000 € 1,000 € 1,000 € 1,000

Operating leases ................................

...................

363 698 230 1,291

2008

Less than

1 year

1 - 3 years 4 - 5 years Total

€ 1,000 € 1,000 € 1,000 € 1,000

Operating leases ................................

...................

333 447 124 904

Trademark License Agreement

With effect from 1 July 2008, the Company entered into a trademark license agreement with AB Electrolux

which granted the Company the right to use the AEG trademark for an initial term of ten years. An annual roy-

alty is payable based on 1% of the net selling price of the respective trademarked product. A minimum annual

royalty of € 1,600,000, € 2,737,500 and € 2,782,500 is payable for 2008, 2009 and 2010 respectively if these

amounts are greater than the royalty based on actual sales. Beginning 2011, the royalty payable is based on ac-

tual sales. The licence agreement was amended in July 2010 (see subsequent events note).

Claims and contingencies

Management of the Company believes that any legal proceedings incidental to the conduct of its business, in-

cluding employee related actions, are adequately reserved against in the consolidated financial statements or will

not result in any significant costs to the Company in the future.

Letters of support and other guarantees

As at the end of 2009 the Company has issued letters of support to the following entities:

• AEG PS S.A.S. (France)

• Harmer & Simmons (France) S.A.S.

• PSS Holdings (France) S.A.S.

• Harmer & Simmons PSS (India) PVT Ltd

• AEG PS Co. (Beijing)

• Harmer & Simmons (Malaysia) SDN BHD

• AEG PS GmbH

1 2 ... 526 527 528 529 530 531 532 533 534 535 536 ... 650 651

Komentarze do niniejszej Instrukcji

Brak uwag

AEG 21604 G Instrukcja Użytkownika Strona 531

Komentarze do niniejszej Instrukcji

Powiązane produkty i podręczniki dla Płyty grzewcze AEG 21604 G