[31] Liabilities from lease business

Non-current and current liabilities from the lease business totaled €3,214.6 million (December 31, 2021: €3,070.8 million) and could be broken down into a sum of €3,048.4 million (December 31, 2021: €2,858.3 million) that relates to the financing of the direct lease business and a sum of €166.3 million (December 31, 2021: €212.6 million) that relates to repurchase obligations resulting from the indirect lease business.

Liabilities from the financing of the direct lease business encompassed liabilities arising from sale and leaseback sub-lease transactions with leasing companies in an amount of €1,051.7 million (December 31, 2021: €1,108.6 million). This amount still included liabilities of €33.5 million (December 31, 2021: €109.8 million) related to sale and leaseback sub-lease transactions entered into up to December 31, 2017.

Furthermore, liabilities from the financing of the direct lease business included liabilities from lease facilities in an amount of €634.5 million (December 31, 2021: €589.0 million) and liabilities from the issuance of notes (securitization) in an amount of €1,362.1 million (December 31, 2021: €1,160.7 million). The maturities of liabilities from lease facilities changed as at the reporting date, mainly due to the new revolving credit facility that was arranged.

The liabilities from the lease business had the following maturities:

The future payments from the lease business still included payments amounting to €36.0 million (2021: €113.3 million) that relate to sale and leaseback sub-lease transactions entered into up to December 31, 2017, most of which are due within one year.