Catom Annual Report 2022 EN

11. Off-balancesheet rights and obligations

11.1 Operating leases & purchase obligation Obligations under operating leases at year-end are as follows: €

Amounts payable:

Within one year

233,848

Between one year and five years

307,564

More than five years

0

The following was charged to the profit and loss account during the year under review: € Lease payments 380,622 The company has purchase obligations amounting to € 32,030,566, of which € 13,518,066 will be payable within one year and € 4,000,000 will be payable after 5 years. 11.2. Liability of a tax entity The company forms a tax entity for corporation tax and sales tax purposes with its subsidiaries. The company acquired during the year has not yet been added to the tax entity for corporation tax and sales tax purposes. Under the standard terms, the company and its affiliated subsidiaries are each jointly and severally liable for the tax owed by the combination. 11.3. Credit facilities Together with its group companies, the company has set up a credit facility in connection with a factoring agreement. Each group company is jointly and severally liable for this facility. The financing ceiling for the entire facility amounts to € 100,000,000. Security has been provided for this credit facility in the form of a pledge of receivables, stock, own petrol stations and vehicles. In addition, an acquisition facility of € 30,000,000 applies.

80