[20] Rental assets

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
as lessor

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').

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