Notes to the Consolidated Financial Statements
Years ended December 31, 2008 and 2007 (In thousands of dollars, except per share amounts)
10. Commitments:
The Company is committed under long-term leases and licences as follows:
(a) The rental of office space, under various long-term operating leases with remaining terms of up to 10 years and a capital lease for an initial term of 25 years with an additional 10-year renewal option (b) The rental of computer hardware and software for terms of one to three years. (c) Certain data licences for terms of up to 10 years.
Current lease and licence obligations over the remaining terms are as follows:
| Years ending December 31 | ||
| 2009 | $ | 23,691 |
| 2010 | 18,824 | |
| 2011 | 10,607 | |
| 2012 | 7,990 | |
| 2013 | 7,591 | |
| Thereafter | 25,818 | |
| $ | 94,521 |
In addition, the Company is responsible for additional taxes, maintenence and other direct charges with respect to its leases. The additional amount will be approximately $5,500 for 2009.
