33. UMTS license liabilities

Error message

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Future payments	31 December 2016	31 December 2015
30 September 2016	-	119.4
30 September 2017	123.9	119.4
30 September 2018	123.9	119.4
30 September 2019	123.9	119.4
30 September 2020	123.9	119.4
30 September 2021	123.9	119.4
subsequent years	137.0	131.6
Total payments	756.5	848.0
Amounts representing discount	(61.0)	(78.2)
Discounted minimum payments	695.5	769.8
Of which:
Short-term	121.5	117.0
Long-term	574.0	652.8

note_33._umts_license_liabilities.xlsx

UMTS license liability is denominated in EUR. The value of the liability is a subject to annual reduction due to subsequent installments paid to the regulator. UMTS license liability is due in 2022.