[21] Lease receivables

In the case of leases under which KION Group entities lease assets directly to end customers, 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 077

Maturity analysis of lease receivables

 

077

in € million

2018

2017

Nominal value of outstanding lease payments

1,069.5

854.9

due within one year

311.5

222.6

due in one to two years

256.9

209.4

due in two to three years

208.2

165.0

due in three to four years

152.2

129.9

due in four to five years

89.5

86.7

due in more than five years

51.2

41.4

 

 

 

Plus unguaranteed residual values

135.7

107.3

 

 

 

Less unearned financial income

107.8

86.5

 

 

 

Present value of outstanding lease payments

1,097.3

875.8

Outstanding lease payments include payments from non-cancellable leases amounting to €732.8 million (31 December 2017: €715.2 million).