 Download |
CHANGES IN LEASING AND RENTAL ASSETS AND INVESTMENT PROPERTY |
||||||
|---|---|---|---|---|---|---|
€ million |
Leasing and rental assets |
Investment property |
Total |
|||
Cost Balance at Jan. 1, 2007 |
10,478 |
300 |
10,778 |
|||
Foreign exchange differences |
–803 |
0 |
–803 |
|||
Changes in consolidated Group |
41 |
– |
41 |
|||
Additions |
5,185 |
11 |
5,196 |
|||
Transfers |
– |
0 |
0 |
|||
Disposals |
3,998 |
10 |
4,008 |
|||
Balance at Dec. 31, 2007 |
10,903 |
301 |
11,204 |
|||
Depreciation and impairment Balance at Jan. 1, 2007 |
2,592 |
147 |
2,739 |
|||
Foreign exchange differences |
–199 |
–1 |
–200 |
|||
Changes in consolidated Group |
8 |
– |
8 |
|||
Additions to cumulative depreciation |
1,700 |
7 |
1,707 |
|||
Additions to cumulative impairment losses |
73 |
– |
73 |
|||
Transfers |
– |
– |
– |
|||
Disposals |
1,450 |
4 |
1,454 |
|||
Reversal of impairment losses |
0 |
– |
0 |
|||
Balance at Dec. 31, 2007 |
2,724 |
149 |
2,873 |
|||
Carrying amount at Dec. 31, 2007 |
8,179 |
152 |
8,331 |
|||
The following payments from non-cancelable leases and rental agreements were expected in 2007 to be received over the coming years:
| Download |
|
|
|
|
|
||||
€ million |
2008 |
2009 – 2012 |
from 2013 |
Total |
||||
|---|---|---|---|---|---|---|---|---|
|
1,235 |
1,240 |
41 |
2,516 |
| Download |
CHANGES IN LEASING AND RENTAL ASSETS AND INVESTMENT PROPERTY |
||||||
|---|---|---|---|---|---|---|
€ million |
Leasing and rental assets |
Investment property |
Total |
|||
Cost Balance at Jan. 1, 2008 |
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 Balance at Jan. 1, 2008 |
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 |
|||
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 €399 million (previous year: €402 million). Operating expenses of €45 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 |
2009 |
2010 – 2013 |
from 2014 |
Total |
||||
|---|---|---|---|---|---|---|---|---|
|
1,193 |
1,233 |
41 |
2,467 |
