[32] Liabilities from short-term rental business
Non-current and current liabilities from the short-term rental business totaled €716.6 million (December 31, 2022: €544.2 million) and related to the financing of industrial trucks for the short-term rental fleet.
in € million |
Dec. 31, 2023 |
Dec. 31, 2022 |
|---|---|---|
Non-current liabilities from short-term rental business |
509.9 |
354.1 |
thereof from sale and leaseback transactions |
362.8 |
295.1 |
thereof from rental facilities |
147.0 |
59.0 |
|
|
|
Current liabilities from short-term rental business |
206.7 |
190.1 |
thereof from sale and leaseback transactions |
138.5 |
152.0 |
thereof from rental facilities |
68.3 |
38.2 |
Liabilities from the financing of the short-term rental business encompassed liabilities arising from sale and leaseback transactions with leasing companies in an amount of €501.3 million (December 31, 2022: €447.1 million).
Furthermore, liabilities from the financing of the short-term rental business included liabilities from rental facilities in an amount of €215.3 million (December 31, 2022: €97.1 million).
The liabilities from the short-term rental business had the following maturities:
in € million |
Dec. 31, 2023 |
Dec. 31, 2022 |
|---|---|---|
Total future payments from short-term rental business (gross) |
797.2 |
584.2 |
due within one year |
235.5 |
205.0 |
due in one to two years |
167.6 |
134.4 |
due in two to three years |
143.4 |
99.3 |
due in three to four years |
105.0 |
69.7 |
due in four to five years |
114.2 |
54.0 |
due in more than five years |
31.6 |
21.7 |