32. Group as a lessor and as a lessee

a) Group as a lessor

Operating lease

The Group entered into contracts with third parties, which are classified as operating leases based on their economic substance. The contracts relate to the rental of reception equipment, lease of premises and call center equipment as well as vehicles. Reception equipment and call center equipment connected with such contracts are presented as part of property, plant and equipment. The premises is classified as operating lease and vehicles are recognized as financial leasing.

Lease contracts for set-top boxes are concluded for a base contractual period ranging from 12 to 29 months. After each base period, the contracts are converted into contracts with either indefinite or definite terms, unless terminated by the subscribers.

Future minimum lease payments with respect to operating lease are as follows:

 31 December 2016 31 December 2015
less than 1 year37.712.7
between 1 and 5 years12.82.7
Total50.515.4
 

b) Group as a lessee

Operating leases

The Group entered into agreements, which are classified as operating lease contracts based on their economic substance. Assets leased under these contracts are not recorded in the financial statements. The contracts comprise leases of premises, lease of satellite transponders capacity, vehicles and other equipment as well as lease of land for network locations.

The table below presents a maturity analysis for such commitments:

 31 December 2016 31 December 2015
within one year445.7455.0
between 1 to 5 years997.41,125.4
more than 5 years299.3381.4
Total1,742.41,961.8

The table below presents future minimum payments relating to operating lease agreements to related parties:

 31 December 2016 31 December 2015
within one year20.324.8
between 1 to 5 years88.284.7
more than 5 years33.453.1
Total141.9162.6

In 2016 the Group incurred costs related to operating lease agreements amounting to PLN 419.4 and in 2015 to PLN 405.5.

Finance leases

The total carrying amount of vehicles used under finance lease contracts amounted to PLN 25.3 as at 31 December 2016 and PLN 24.2 as at 31 December 2015.

The lease term is up to 5 years with respect to vehicles and other equipment.

Future minimum lease payments under finance leases are as follows:

 31 December 2016 31 December 2015
less than 1 year5.04.3
between 1 and 5 years20.820.8
Total25.825.1
 

The present value of minimum lease payments amounted to PLN 25.8 as at 31 December 2016 and PLN 25.1 as at 31 December 2015.