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Annual Report & Accounts 2015 - NOTES
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15. BetBoo deferred consideration continued total payments to date and anticipated are as follows: total €000's at acquisition 2,840 Up to 31 december 2015 16,924 anticipated future payments 1,617 total (Cap = €21,381,227) 21,381 16. other taXation payaBle 2015 2014 €000's €000's social security 760 695 Betting taxes 1,260 643 2,020 1,338 17. commitments Under operatinG and finance leases 17.1 finance leases in June 2014 the Group entered into a finance lease for the purchase of computer hardware and software together with support services for these, in addition to a lease taken out in June 2013. as at 31 december 2015 the life outstanding on the 2013 lease was five months and the 2014 lease was nine months. in January 2015 the Group entered into an additional finance lease for the purchase of hardware and software. the life outstanding on this lease at 31 december 2015 was one year. Future minimum lease payments under finance leases at 31 december were: Within 1 1 to 5 year years total 31 december 2015 €000's €000's €000's lease payments 705 - 705 Finance charges (14) - (14) net present values 691 - 691 Within 1 to 5 1 year years total 31 december 2014 €000's €000's €000's lease payments 1,393 334 1,727 Finance charges (31) (7) (38) net present values 1,362 327 1,689 amount Balance at of finance 31 december provided 2015 expiry Borrowing date lease taken out €000's €000's date rate June 2013 2,123 280 June 2016 8.5% June 2014 605 67 september 2016 5.5% January 2015 712 344 december 2016 8.9% 3,440 691 74 GVC HOLDINGS PLC ANNUAL REPORT 2015 notes to the consolidated financial statements continued for the year ended 31 december 2015