Half-Year Report 2020

19 Leases

The following table shows the development of right-of-use assets arising from leases as of June 30, 2020, compared with the previous year.

Development of Right-of-Use Assets

in € million

Dec. 31, 2019

June 30, 2020

 

 

 

Right-of-use assets

 

 

Leasehold contracts

1,223.7

1,236.4

Interim rental agreements

1.1

1.4

Right-of-use assets within investment properties

1,224.8

1,237.8

Leasing of land for the construction of commercial properties used by the Group

26.2

27.5

Lease agreements

21.4

22.6

Contracting

19.7

18.8

Vehicle leases

6.3

4.2

Tenancy and license agreements

2.4

3.2

Leases of IT equipment

4.4

3.6

Right-of-use assets within property, plant and equipment

80.4

79.9

 

1,305.2

1,317.7

 

 

 

The following table shows the development of current and non-current liabilities arising from leases within the meaning of IFRS 16 as of June 30, 2020, compared with the previous year.

Development of Lease Liabilities

 

Dec. 31, 2019

June 30, 2020

in € million

non-current

current

non-current

current

 

 

 

 

 

Lease liabilities

 

 

 

 

Leasehold contracts (IAS 40)

378.0

10.6

400.4

10.5

Interim rental agreements

0.2

0.9

0.5

0.9

Leasing of land for the construction of commercial properties used by the Group

26.4

0.1

27.4

0.1

Lease agreements

14.8

6.8

15.4

7.5

Contracting

18.0

1.9

17.0

1.9

Vehicle leases

1.6

4.7

1.1

3.0

Tenancy and license agreements

0.6

1.8

1.4

1.8

Leases of IT equipment

3.0

1.5

2.3

1.4

 

442.6

28.3

465.6

27.1