34 Liabilities from Finance Leases

The following table shows the total minimum lease payments and the reconciliation to their present value for the Spree-Bellevue property in the amount of € 94.1 million (Dec. 31, 2016: € 93.6 million) and the finance leases for heat generation plants in the amount of € 5.2 million (Dec. 31, 2016: € 5.6 million).

 

 

Dec. 31, 2016

 

Dec. 31, 2017

in € million

 

Total minimum lease payments

 

Interest portion

 

Present value

 

Total minimum lease payments

 

Interest portion

 

Present value

 

 

 

 

 

 

 

 

 

 

 

 

 

Due within 1 year

 

4.8

 

0.3

 

4.5

 

4.9

 

0.3

 

4.6

Due in 1 to 5 years

 

26.8

 

4.6

 

22.2

 

26.4

 

4.3

 

22.1

Due after 5 years

 

209.5

 

137.0

 

72.5

 

204.3

 

131.7

 

72.6

 

 

241.1

 

141.9

 

99.2

 

235.6

 

136.3

 

99.3

As part of finance leases, expenses of € 5.3 million (2016: € 5.2 million) were recognized for the Spree-Bellevue property and expenses of € 0.6 million (2016: € 0.6 million) for finance leases for heat generation plants in the fiscal year under review. As of the reporting date, there were no significant non-cancellable subtenancies on the Spree-Bellevue property.