[22] Lease receivables

In the case of leases under which KION Group entities lease assets directly to customers as part of the Group’s financial services activities, the Group’s net investment in the lease is reported as a lease receivable.

The amounts recognised as lease receivables are based on the following data: > TABLE 070

Lease receivables

 

070

in € million

2017

2016

Gross investments

962.2

807.9

due within one year

262.5

225.6

due in one to five years

655.6

552.0

due in more than five years

44.1

30.2

 

 

 

Present value of outstanding minimum lease payments

875.8

731.5

due within one year

228.0

200.3

due in one to five years

605.3

503.3

due in more than five years

42.4

27.9

 

 

 

Unrealised financial income

86.5

76.3

Gross investments include minimum lease payments from non-cancellable sub-leases amounting to €715.2 million (31 December 2016: €648.4 million).

Lease receivables include unguaranteed residual values of €107.3 million (31 December 2016: €87.6 million).