[18] Leased assets
The changes in leased assets in 2013 and 2012 were as follows: >> Table 056
|
Leased assets |
|
>> TABLE 056 |
|
in € million |
2013 |
2012 |
|
|
|
|
|
Balance as at 01/01/ |
191.3 |
167.4 |
|
Group changes |
35.2 |
– |
|
Currency translation adjustments |
–11.4 |
0.7 |
|
Additions |
146.9 |
135.1 |
|
Disposals |
–59.8 |
–60.6 |
|
Depreciation |
–58.0 |
–51.2 |
|
Reclassification |
7.8 |
–0.1 |
|
|
|
|
|
Balance as at 31/12/ |
251.9 |
191.3 |
|
Gross carrying amount as at 31/12/ |
603.5 |
453.9 |
|
Accumulated depreciation |
–351.5 |
–262.6 |
Leased assets are attributable solely to the Financial Services segment and relate to industrial trucks in the amount of €251.6 million (2012: €191.2 million) that are leased to external customers, and to office furniture and equipment in the amount of €0.3 million (2012: €0.1 million).
Leased assets include assets leased over the long term with a residual value of €201.2 million (31 December 2012: €142.7 million) that are funded by means of sale and leaseback transactions with leasing companies and leased assets with a residual value of €50.7 million (31 December 2012: €48.7 million) that are funded internally or by means of bank loans.
Leased assets resulted in non-cancellable minimum lease payments from customers amounting to €225.8 million (31 December 2012: €189.6 million).
The following table shows the maturity structure of these payments: >> Table 057
|
Minimum lease payments |
|
>> TABLE 057 |
|
in € million |
2013 |
2012 |
|
|
|
|
|
Cash receipts from minimum lease payments |
225.8 |
189.6 |
|
due within one year |
89.6 |
80.1 |
|
due in one to five years |
134.7 |
106.1 |
|
due in more than five years |
1.5 |
3.4 |