Note 25 – Operational leases
Obligations in respect of operational
The parent company rents office premises in accordance with non-retractable operational lease agreements. The terms of the leases vary between three and five years, and most contracts can be extended at the end of the term of the lease at a charge that corresponds with a competitive charge.
Future total minimum lease charges for non-retractable operational lease agreements are as follows:
| 8/31/18 | 8/31/17 | |
|---|---|---|
| Within 1 year | 4,704 | 3,564 |
| Between 1 and 5 years | 15,444 | 15,444 |
| More than 5 years | 0 | 0 |
| Total | 20,148 | 19,088 |