FIFA is a lessee and has contracts for various buildings, offices and other equipment as well as land that are accounted for by recognising a right-of-use asset and a lease liability. Set out below are the carrying amounts of FIFA’s right-of-use assets and lease liabilities as well as their movements during the period. For the carrying amounts of FIFA’s right-of-use assets, please also refer to Note 20 – Property and equipment.
Set out below is the maturity analysis of contractual undiscounted cash flows as at 31 December:
FIFA recognised lease expenses from short-term leases of USD 0.3 million (2020: USD 0.3 million) for the year ended 31 December 2021. There are no leases to which FIFA is committed that have not yet commenced.