[18] Rental assets
The changes in rental assets in 2019 and 2018 were as follows: > TABLE 065
in € million |
2019 |
2018 |
|---|---|---|
Balance as at 01/01/ |
670.5 |
608.4 |
Group changes |
3.8 |
− |
Currency translation adjustments |
5.5 |
–8.6 |
Additions |
381.1 |
572.8 |
Disposals |
–222.5 |
–296.7 |
Depreciation |
–205.4 |
–196.0 |
Impairment |
− |
–2.9 |
Reclassification |
− |
–6.5 |
|
|
|
Balance as at 31/12/ |
632.9 |
670.5 |
Gross carrying amount as at 31/12/ |
1,104.7 |
1,081.6 |
Accumulated depreciation |
–471.8 |
–411.1 |
Rental assets, which amounted to €632.9 million (2018: €670.5 million), are allocated solely to the Industrial Trucks & Services segment and comprise assets in the short-term rental fleet.
Rental assets include assets with a carrying amount of €554.5 million (2018: €590.7 million) that are financed by means of sale and leaseback sub-lease transactions with leasing companies.