Wincor Nixdorf Group offers leasing of banking machines to external customers. According to IAS 17 “Leases,” such leasing arrangements predominantly qualify as operating leases since the main risks and rewards remain with Wincor Nixdorf. Arrangements that qualify as finance leases are presented at the present value of future minimum lease payments under trade receivables.

In addition, the details of certain contracts, such as company vehicle leases, result in the reporting of liabilities arising from finance leases. Assets leased within the scope of finance lease contracts are capitalized at the date of acquisition, either at fair value or at the present value of the minimum lease payments if this is less than the fair value. Liabilities arising from finance leases are shown under financial liabilities and stated at the present value of the minimum lease payments.