Financial liabilities consist of bank liabilities and liabilities from finance leases.
The bank liabilities are shown at amortized costs. Those are generally reflecting fair values. The revolving facility credit agreement, set up on August 2, 2005, has been concluded for a term of seven years until August 2, 2012. Within this term, Wincor Nixdorf may unrestrictedly dispose of the volume of credit of €350,000k with variable maturities. The interest is based on an additional margin on the relevant EURIBOR rate. Bank liabilities as of the balance sheet date came to a total of €162,648k (2007/2008: €205,970k), of which €148,658k (2007/2008: €180,000k) were from the revolving facility. The liable parties are WINCOR NIXDORF International GmbH (€148,658k; 2007/2008: €105,000k) and Wincor Nixdorf AG (€0k; 2007/2008: €75,000k). The revolving facility agreement also allows further loans over and above the funding already taken out to be drawn down.
Liabilities from finance leases amount to €4,117k (2007/2008: €4,113k) as of the balance sheet date. The referring assets are disclosed in property, plant and equipment as other fixed assets and office equipment (€2,978k; 2007/2008: €2,668k) and trade receivables (€984k; 2007/2008: €1,312k).
|
Residual Terms of Present Value of Minimum Lease Payments. |
€k | |
|
|
Sept. 30, 2009 |
Sept. 30, 2008 |
|
Residual term up to 1 year |
1,264 |
1,242 |
|
Residual term between 1 and 5 years |
2,853 |
2,682 |
|
Residual term more than 5 years |
0 |
189 |
|
|
4,117 |
4,113 |
|
Residual Terms of Future Total Minimum Lease Payments. |
€k | |
|
|
Sept. 30, 2009 |
Sept. 30, 2008 |
|
Residual term up to 1 year |
1,427 |
1,388 |
|
Residual term between 1 and 5 years |
3,055 |
2,880 |
|
Residual term more than 5 years |
0 |
222 |
|
Interest |
–365 |
–377 |
|
Present value of minimum lease payments |
4,117 |
4,113 |
