 Download |
|
CHANGES IN LEASING AND RENTAL ASSETS AND INVESTMENT PROPERTY | ||||||
|
€ million |
Leasing and rental assets |
Investment property |
Total | |||
|---|---|---|---|---|---|---|
|
Cost Balance at Jan. 1, 2010 |
13,740 |
382 |
14,122 | |||
|
Foreign exchange differences |
782 |
8 |
790 | |||
|
Changes in consolidated Group |
– |
– |
– | |||
|
Additions |
7,133 |
27 |
7,160 | |||
|
Transfers |
– |
14 |
14 | |||
|
Disposals |
5,793 |
2 |
5,795 | |||
|
Balance at Dec. 31, 2010 |
15,863 |
429 |
16,292 | |||
|
Depreciation and impairment Balance at Jan. 1, 2010 |
3,452 |
166 |
3,618 | |||
|
Foreign exchange differences |
184 |
2 |
186 | |||
|
Changes in consolidated Group |
– |
– |
– | |||
|
Additions to cumulative depreciation |
2,263 |
8 |
2,271 | |||
|
Additions to cumulative impairment losses |
100 |
2 |
102 | |||
|
Transfers |
– |
– |
– | |||
|
Disposals |
1,942 |
1 |
1,943 | |||
|
Reversal of impairment losses |
–6 |
– |
–6 | |||
|
Balance at Dec. 31, 2010 |
4,051 |
177 |
4,228 | |||
|
Carrying amount at Dec. 31, 2010 |
11,812 |
252 |
12,064 | |||
The following payments from noncancelable leases and rental agreements were expected to be received over the coming years:
| Download |
|
|
|
|
|
| ||||
|
€ million |
2011 |
2012 – 2015 |
from 2016 |
Total | ||||
|---|---|---|---|---|---|---|---|---|
|
Lease payments |
1,313 |
1,141 |
0 |
2,454 |
| Download |
|
CHANGES IN LEASING AND RENTAL ASSETS AND INVESTMENT PROPERTY | ||||||
|---|---|---|---|---|---|---|
|
€ million |
Leasing and rental assets |
Investment property |
Total | |||
|
Cost Balance at Jan. 1, 2011 |
15,863 |
429 |
16,292 | |||
|
Foreign exchange differences |
283 |
6 |
289 | |||
|
Changes in consolidated Group |
3,171 |
31 |
3,202 | |||
|
Additions |
7,674 |
42 |
7,716 | |||
|
Transfers |
0 |
34 |
34 | |||
|
Disposals |
5,632 |
17 |
5,649 | |||
|
Balance at Dec. 31, 2011 |
21,359 |
525 |
21,884 | |||
|
Depreciation and impairment Balance at Jan. 1, 2011 |
4,051 |
177 |
4,228 | |||
|
Foreign exchange differences |
58 |
1 |
58 | |||
|
Changes in consolidated Group |
8 |
– |
8 | |||
|
Additions to cumulative depreciation |
2,584 |
10 |
2,594 | |||
|
Additions to cumulative impairment losses |
87 |
1 |
88 | |||
|
Transfers |
0 |
1 |
1 | |||
|
Disposals |
2,051 |
4 |
2,055 | |||
|
Reversal of impairment losses |
–5 |
– |
–5 | |||
|
Balance at Dec. 31, 2011 |
4,733 |
185 |
4,918 | |||
|
Carrying amount at Dec. 31, 2011 |
16,626 |
340 |
16,966 | |||
Leasing and rental assets include assets leased out under the terms of operating leases and assets covered by long-term buy-back agreements.
Investment property includes apartments rented out and leased dealerships with a fair value of €642 million (previous year: €517 million). Operating expenses of €53 million (previous year: €50 million) were incurred for the maintenance of investment property in use. Expenses of €2 million (previous year: €2 million) were incurred for unused investment property.
The following payments from noncancelable leases and rental agreements are expected to be received over the coming years:
| Download |
|
|
|
|
|
| ||||
|
€ million |
2012 |
2013 – 2016 |
from 2017 |
Total | ||||
|---|---|---|---|---|---|---|---|---|
|
Lease payments |
2,032 |
2,356 |
40 |
4,427 |
