[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).