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SEC Filings

20-F
TRIVAGO N.V. filed this Form 20-F on 03/06/2018
Entire Document
 



F.
Tabular disclosure of contractual obligations
The following table summarizes our contractual obligations as of December 31, 2017:
 
Payments due by period
(in millions)
Total
 
Less
than 1
year
 
1 – 3
years
 
4 – 5
years
 
More
than 5
years
Operating lease obligations(1)
 
€73.4
 
 
€7.5
 
 
€18.0
 
 
€15.7
 
 
€32.2
Purchase obligations(2)
 
13.3
 
 
13.3
 
 
0.0
 
 
0.0
 
 
0.0
Total
 
€86.7
 
 
€20.8
 
 
€18.0
 
 
€15.7
 
 
€32.2
(1)
Currently recognized on our balance sheet as of December 31, 2017 is an asset retirement obligation of €1.0 million related to our main headquarters located in Düsseldorf, Germany. We have certain operating lease agreements that require us to decommission physical space for which we have not yet recorded an asset retirement obligation. Due to the uncertainty of specific decommissioning obligations, timing and related costs, we cannot reasonably estimate an asset retirement obligation for these properties and we have not recorded a liability at this time for such properties.
(2)
Our purchase obligations represent the minimum obligations we have under agreements with certain of our vendors and marketing partners. These minimum obligations are less than our projected use for those periods. Payments may be more than the minimum obligations based on actual use.
G.
Safe Harbor
See “Special note regarding forward-looking statements.
H.
Non-GAAP financial measures
See “Item 3 A. Key information—Selected financial data” for a description of Adjusted EBITDA and a reconciliation of Adjusted EBITDA to net loss.

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