[18] Leased assets

The changes in leased assets in 2015 and 2014 were as follows: > TABLE 058

Leased assets

 

058

in € million

2015

2014

Balance as at 01/01/

279.0

251.9

Group changes

–1.7

Currency translation adjustments

1.8

–1.1

Additions

241.1

172.8

Disposals

–104.2

–73.9

Depreciation

–80.6

–69.5

Reclassification

–1.1

–1.3

 

 

 

Balance as at 31/12/

334.4

279.0

Gross carrying amount as at 31/12/

675.3

615.4

Accumulated depreciation

–340.9

–336.5

Leased assets are attributable to the Financial Services segment and relate to industrial trucks in the amount of €333.6 million (2014: €278.4 million) that are leased to external customers under operating leases and to office furniture and equipment in the amount of €0.8 million (2014: €0.6 million).

Leased assets include assets leased over the long term with a residual value of €285.9 million (31 December 2014: €230.5 million) that are funded by means of sale and leaseback transactions with leasing companies and leased assets with a residual value of €48.5 million (31 December 2014: €48.5 million) that are largely funded internally or by means of bank loans.

Leased assets resulted in non-cancellable minimum lease payments from customers amounting to €325.5 million (31 December 2014: €285.6 million).

The following table shows the maturity structure of these payments: > TABLE 059

Minimum lease payments

 

059

in € million

2015

2014

Cash receipts from minimum lease payments

325.5

285.6

due within one year

116.2

107.8

due in one to five years

200.5

174.9

due in more than five years

8.8

2.9