Financial report / Explanations and comments on the Balance Sheet / 39. Commitments under operating leases
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Commitments under operating leases

Future minimum lease payments under non-cancellable aircraft and other operating leases are as follows:

2012 2011
On demand or within one year 538.3 538.7
In two to five years 1,832.7 1,819.8
After five years 1,294.2 1,319.6
Total minimum payments 3,665.2 3,678.1

The amounts above represent base rentals payable. Maintenance fees payable to the lessor, based on actual flight hours, and other usage variables are not included in the figures.

For details of the fleet subject to operating leases refer to Note 1.

During 2012, two aircrafts Airbus A-330 of JSC Vladivostok Air were disposed ahead of schedule.

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