The lease liabilities recognised in the Consolidated Statement of Financial Position are as follows:
2022 2021 CHF 000s CHF 000s Current lease liabilities
2,587
2,258
Non-current lease liabilities
1,088
1,904
3,675
4,162
The table below summarises the maturity profile of the lease liabilities.
2022 2021 CHF 000s CHF 000s Less than one year
2,587
2,258
One to two years
1,088
1,115
Two to three years
-
506
Three to four years
-
280
Four to five years
-
3
3,675
4,162
The amounts recognised in the Consolidated Statement of Cash Flows are as follows:
2022 2021 CHF 000s CHF 000s Payment of lease liabilities
3,172
3,084
The total cash outflow for leases including short-term leases, low value leases and right of use assets in 2022 is CHF
5,357k (2021: CHF 5,912k).
3.8 Capital commitments Capital expenditure contracted for at 31 December 2022, but not yet incurred, amounted to CHF 1,906k (2021: CHF 2,306k),
of which CHF 426k (2021: CHF 1,037k) related to the implementation of the ERP project (see note 3.4b).
3.9 Contingent liabilities From time to time, usually as part of a restructuring plan, the IFRC terminates staff contracts prior to agreed upon contract
end dates. As a result, the terminated staff sometimes file cases against the IFRC. Whilst liability is not admitted, the IFRC
is defending a number of such actions. The IFRC does not expect the outcome of these actions to have a material impact on
the IFRC’s consolidated financial position. The risks that management considers likely to be settled through a payment and
that can be measured reliably have been included as provisions in the Consolidated Statement of Financial Position.
In the interest of not prejudicing the outcomes of these actions, these consolidated financial statements do not disclose all of
the information required by IAS 37 Provisions, Contingent Liabilities and Contingent Assets.
