[31] Lease liabilities
Lease liabilities amounting to €432.1 million (2018: €740.6 million) related solely to finance lease obligations arising from sale and leaseback sub-lease transactions entered into up to 31 December 2017 for the financing of long-term leases with end customers. On the opposite side of the statement of financial position, there were lease receivables worth €316.0 million (2018: €514.3 million) and leased assets under sale and leaseback sub-lease transactions of €166.1 million (2018: €268.6 million).
The amounts recognised as lease liabilities are based on the maturities of future lease payments (gross) shown in > TABLE 092.
in € million |
2019 |
2018 |
---|---|---|
Total future lease payments (gross) |
455.5 |
801.6 |
due within one year |
200.5 |
291.5 |
due in one to two years |
143.0 |
217.5 |
due in two to three years |
82.0 |
158.9 |
due in three to four years |
22.9 |
94.4 |
due in four to five years |
5.7 |
30.0 |
due in more than five years |
1.4 |
9.4 |