 Download |
|
CHANGES IN LEASING AND RENTAL ASSETS AND INVESTMENT PROPERTY BETWEEN JANUARY 1 AND DECEMBER 31, 2008 | ||||||
|---|---|---|---|---|---|---|
|
€ million |
Leasing and rental assets |
Investment property |
Total | |||
|
Cost |
10,903 |
301 |
11,204 | |||
|
Foreign exchange differences |
–78 |
1 |
–77 | |||
|
Changes in consolidated Group |
1,286 |
– |
1,286 | |||
|
Additions |
5,335 |
13 |
5,348 | |||
|
Transfers |
– |
–7 |
–7 | |||
|
Disposals |
4,751 |
3 |
4,754 | |||
|
Balance at Dec. 31, 2008 |
12,695 |
305 |
13,000 | |||
|
Depreciation and impairment |
2,724 |
149 |
2,873 | |||
|
Foreign exchange differences |
–27 |
1 |
–26 | |||
|
Changes in consolidated Group |
75 |
– |
75 | |||
|
Additions to cumulative depreciation |
1,724 |
7 |
1,731 | |||
|
Additions to cumulative impairment losses |
92 |
– |
92 | |||
|
Transfers |
– |
0 |
0 | |||
|
Disposals |
1,782 |
2 |
1,784 | |||
|
Reversal of impairment losses |
0 |
– |
0 | |||
|
Balance at Dec. 31, 2008 |
2,806 |
155 |
2,961 | |||
|
Carrying amount at Dec. 31, 2008 |
9,889 |
150 |
10,039 | |||
The following payments from non-cancelable leases and rental agreements were expected to be received over the coming years:
| Download |
|
|
|
|
|
| ||||
|
€ million |
2009 |
2010 – 2013 |
from 2014 |
Total | ||||
|---|---|---|---|---|---|---|---|---|
|
|
1,193 |
1,233 |
41 |
2,467 |
| Download |
|
CHANGES IN LEASING AND RENTAL ASSETS AND INVESTMENT PROPERTY | ||||||
|---|---|---|---|---|---|---|
|
€ million |
Leasing and rental assets |
Investment property |
Total | |||
|
Cost |
12,695 |
305 |
13,000 | |||
|
Foreign exchange differences |
62 |
3 |
64 | |||
|
Changes in consolidated Group |
– |
– |
– | |||
|
Additions |
5,230 |
76 |
5,306 | |||
|
Transfers |
–2 |
0 |
–2 | |||
|
Disposals |
4,245 |
1 |
4,246 | |||
|
Balance at Dec. 31, 2009 |
13,740 |
382 |
14,122 | |||
|
Depreciation and impairment |
2,806 |
155 |
2,961 | |||
|
Foreign exchange differences |
20 |
0 |
19 | |||
|
Changes in consolidated Group |
– |
– |
– | |||
|
Additions to cumulative depreciation |
2,013 |
8 |
2,020 | |||
|
Additions to cumulative impairment losses |
262 |
5 |
267 | |||
|
Transfers |
0 |
0 |
0 | |||
|
Disposals |
1,620 |
1 |
1,620 | |||
|
Reversal of impairment losses |
–28 |
– |
–28 | |||
|
Balance at Dec. 31, 2009 |
3,452 |
166 |
3,618 | |||
|
Carrying amount at Dec. 31, 2009 |
10,288 |
216 |
10,504 | |||
Leasing and rental assets include assets leased out under the terms of operating leases.
Investment property includes apartments rented out and leased dealerships, with a 
fair value of €475 million (previous year: €399 million). Operating expenses of €46 million (previous year: €45 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 non-cancelable leases and rental agreements are expected to be received over the coming years:
| Download |
|
|
|
|
|
| ||||
|
€ million |
2010 |
2011 – 2014 |
from 2015 |
Total | ||||
|---|---|---|---|---|---|---|---|---|
|
|
1,234 |
1,141 |
– |
2,375 |
