COMMITMENTS

12 Months Ended

Dec. 31, 2021

NOTE 27 - COMMITMENTS

Non-cancellable lease commitments

Non-cancellable lease commitments relate to the future aggregate minimum lease payments under non-cancellable leases still recognized as expense.


	At December 31,
(in millions of Euros)	2021	2020
Less than 1 year	3	6
1 to 5 years	3	11
More than 5 years	2	5
Total non-cancellable minimum lease payments	8	22

Tangible and intangible asset commitments


	At December 31,
(in millions of Euros)	2021	2020
Computer Software	—	1
Property, plant and equipment	65	48
Total tangible and intangible asset commitments	65	49