Leases (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of details of leases in the consolidated balance sheet


Right-of-use assets	Thousands of Euros
	31/12/2019	(*)
Land and Buildings	685,405
Machinery	4,469
Computer equipment	4,324
Vehicles	9,660

	703,858


Lease liabilities	Thousands of Euros
	31/12/2019	(*)

Non-current	696,285
Current	44,405

	740,690

(*) In the previous year, the Group only recognised lease assets and lease liabilities in relation to leases that were classified as ‘finance leases’ under IAS 17 Leases. The assets were presented in property, plant and equipment and the liabilities as part of the Group’s borrowings. For adjustments recognised on adoption of IFRS 16 on 1 January 2019 see note 2.

Schedule of maturity details of leases


Maturity:		Thousands of
		Euros
		31/12/2019
Up to one year		44,464
Two years		41,444
Between 3 and 5 years		155,300
More than 5 years		499,482

		740,690

Schedule of amounts recognized in the consolidated statement of profit and loss related to lease agreements


Right-of-use depreciation		Thousands of
		Euros
		31/12/2019
Buildings		49,786
Machinery		1,768
Computer equipment		2,204
Vehicles		4,613
		58,371


		Thousands of
		Euros
		31/12/2019
Finance lease expenses (note 27)		34,558

		34,558


		Thousands of
		Euros
		31/12/2019
Expenses related to short-term or low-value agreements		20,247
Other operating lease expenses		12,988
		33,235

Schedule of future minimum payments on non-cancellable operating leases


	Thousands of Euros
	31/12/2018	31/12/2017
Up to one year	63,959	46,541
Between 1 and 5 years	200,156	156,897
More than 5 years	136,464	58,905

	400,579	262,343