The changes in rental assets in 2012 and 2011 were as follows:
Rental assets |
||
€ thousand |
2012 |
2011 |
|
|
|
Balance as at 1/1/ |
356,682 |
321,188 |
|
|
|
Group changes |
1,529 |
7,580 |
Currency translation adjustments |
1,496 |
-929 |
Additions |
193,796 |
196,319 |
Disposals |
-28,191 |
-51,997 |
Depreciation |
-130,056 |
-113,992 |
Reclassification |
-163 |
-1,487 |
|
|
|
Balance as at 31/12/ |
395,093 |
356,682 |
|
|
|
Gross carrying amount as at 31/12/ |
912,994 |
923,739 |
Accumulated depreciation |
-517,901 |
-567,057 |
Additions amounting to €110,145 thousand (2011: €102,336 thousand) and disposals amounting to €19,764 thousand (2011: €28,437 thousand) are attributable to the LMH segment. Additions amounting to €85,372 thousand (2011: €84,518 thousand) and disposals amounting to €10,152 thousand (2011: €14,095 thousand) are attributable to the STILL segment.
The breakdown of rental assets by contract type is shown in the following table:
Rental assets broken down by contract types |
||||||
|
Operating leases |
Sale with risk |
Total |
|||
€ thousand |
2012 |
2011 |
2012 |
2011 |
2012 |
2011 |
|
|
|
|
|
|
|
Industrial trucks |
323.647 |
287.913 |
66.760 |
66.466 |
390.407 |
354.379 |
Truck equipment |
4.585 |
2.066 |
101 |
237 |
4.686 |
2.303 |
Total rental assets |
328.232 |
289.979 |
66.861 |
66.703 |
395.093 |
356.682 |
Rental assets comprises assets resulting from short-term rentals ('operating leases as lessor') and assets for which significant risks and rewards remain with the KION Group although they were sold ('sale with risk').
