[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

2016

2015

Gross investments

807.9

725.8

due within one year

225.6

210.8

due in one to five years

552.0

489.6

due in more than five years

30.2

25.4

 

 

 

Present value of outstanding minimum lease payments

731.5

653.7

due within one year

200.3

181.7

due in one to five years

503.3

447.5

due in more than five years

27.9

24.5

 

 

 

Unrealised financial income

76.3

72.0

Gross investments include minimum lease payments from non-cancellable sub-leases amounting to €648.4 million (31 December 2015: €587.1 million).

Lease receivables include unguaranteed residual values of €87.6 million (31 December 2015: €74.5 million).