[18] Leased assets
The changes in leased assets in 2016 and 2015 were as follows: > Tabelle 063
Leased assets |
|
063 |
in € million |
2016 |
2015 |
Balance as at 01/01/ |
334.4 |
279.0 |
Group changes |
7.4 |
–1.7 |
Currency translation adjustments |
–2.8 |
1.8 |
Additions |
290.3 |
241.1 |
Disposals |
–103.0 |
–104.2 |
Depreciation |
–94.2 |
–80.6 |
Reclassification |
–2.4 |
–1.1 |
|
|
|
Balance as at 31/12/ |
429.7 |
334.4 |
Gross carrying amount as at 31/12/ |
747.3 |
675.3 |
Accumulated depreciation |
–317.6 |
–340.9 |
Leased assets are attributable to the Industrial Trucks & Services segment and relate to industrial trucks in the amount of €428.8 million (31 December 2015: €333.6 million) that are leased to external customers under operating leases and to office furniture and equipment in the amount of €0.9 million (31 December 2015: €0.8 million).
Leased assets include assets leased over the long term with a residual value of €367.5 million (31 December 2015: €285.9 million) that are funded by means of sale and leaseback transactions with leasing companies and leased assets with a residual value of €62.2 million (31 December 2015: €48.5 million) that are funded internally or by means of bank loans.
Leased assets resulted in non-cancellable minimum lease payments from customers amounting to €402.7 million (31 December 2015: €325.5 million).
The following table shows the maturity structure of these payments: > TABLE 064
Minimum lease payments |
|
064 |
in € million |
2016 |
2015 |
Cash receipts from minimum lease payments |
402.7 |
325.5 |
due within one year |
144.7 |
116.2 |
due in one to five years |
248.5 |
200.5 |
due in more than five years |
9.6 |
8.8 |