[30] Liabilities from financial services

The liabilities from financial services relate to the financing of the long-term leasing business and residual value obligations arising from the indirect leasing business in an amount of €1,165.3 million (31 December 2017: €437.4 million) and to the financing of industrial trucks for the short-term rental fleet in an amount of €307.1 million (31 December 2017: €0.0 million). > TABLE 097

Liabilities from financial services arising from the leasing business encompass liabilities from financing by means of sale and leaseback sub-lease transactions with leasing companies in an amount of €440.2 million (31 December 2017: €0.0 million). They also include residual value obligations of €319.5 million (31 December 2017: €340.7 million) resulting from the indirect leasing business.

Furthermore, liabilities from financial services include liabilities from lease facilities in an amount of €307.3 million (31 December 2017: €85.7 million) and liabilities from the issuance of notes (securitisation) through K-Lift S.A., Luxembourg, in an amount of €98.3 million (31 December 2017: €0.0 million). On the opposite side of the statement of financial position, there are lease receivables funded from these resources worth €580.0 million (31 December 2017: €58.3 million) and leased assets of €212.5 million (31 December 2017: €27.4 million).

The maturities of the liabilities from financial services are shown in > TABLE 098.