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What is meant by 'Leasing'? [Exhibit 4]

Hi all,

What is meant by 'Leasing'? [Exhibit 4] in the fixed cost bucket?
Costs for the offshore property the wind turbine is located on?

In addition: What about the costs / interests for credits and rents for the buildings your staff is working in? Are they negligible as they are too low?

Best and many thanks in advance

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Ian
Coach
am 24. Okt. 2021
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success

Hi Tim,

Leasing essentially means renting. Here, it looks like it's referring to actually leasing the construction site (i.e. that piece of land).

I'm not 100% sure but this is how I'm interpreting that cost.

Clara
Coach
am 24. Okt. 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hi there! It´s the cost of the “rental”. Cheers!