26. Operating lease obligations - Galapagos Annual Report 2015

Notes 21-30
21
22
23
24
25
26
27
28
29
30

26. Operating lease obligations

We entered into lease agreements for office and laboratories which qualify as operating leases.

Minimum lease payments under operating leases recognized in the income statement for the year

	Year ended 31 December
(thousands of €)	2015	2014
Continuing operations	4,020	3,676
Discontinued operations		643
Total minimum lease payments under operating leases	4,020	4,319

Regarding outstanding commitments for future minimum lease payments under operating leases, see off-balance sheet arrangements as explained in note 27.