(25) Other Financial Commitments


 

 

 

 

€k

 

 

Residual term

 

Total

less than 1 year

between 1 and 5 years

more than 5 years

Last year’s equivalent figures are shown in brackets.

Future payment commitments from

 

 

 

 

real estate leases

77,719
(82,648)

22,814
(22,938)

44,395
(46,555)

10,510
(13,155)

miscellaneous tenancies and leases

15,922
(13,139)

5,314
(7,313)

10,572
(5,820)

36
(6)

long-term purchase and service contracts

23,951
(6,209)

13,380
(5,016)

10,329
(1,193)

242
(0)

acquisition of intangible and fixed assets

1,756
(5,804)

1,756
(5,415)

0
(389)

0
(0)

 

119,348
(107,800)

43,264
(40,682)

65,296
(53,957)

10,788
(13,161)

The future payment commitments from real estate leases and miscellaneous tenancies and leases represent the future minimum lease payments in connection with operating leases, as per IAS 17. The agreements comprise the leasing of buildings and motor vehicles. Leasing expenses were €41,896k (2007/2008: €39,864k) in the year under review.

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