Half-Year Report 2021

20 Leases

The following table shows the development of right-of-use assets arising from leases within the meaning of IFRS 16 as of June 30, 2021, compared with December 31, 2020.

Development of Right-of-Use Assets

in € million

Dec. 31, 2020

June 30, 2021

 

 

 

Right-of-use assets

 

 

Leasehold contracts

1,431.9

1,451.7

Interim rental agreements

1.3

1.2

Right-of-use assets within investment properties

1,433.2

1,452.9

Leasing of land for the construction of owner-occupied commercial properties

27.3

27.5

Lease agreements

22.9

19.3

Contracting

15.9

13.9

Vehicle leases

2.6

4.2

Tenancy and license agreements

0.6

0.5

Leases of IT equipment

3.0

2.5

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

72.3

67.9

 

1,505.5

1,520.8

 

 

 

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, 2021, compared with December 31, 2020.

Development of Lease Liabilities

 

Dec. 31, 2020

June 30, 2021

in € million

non-current

current

non-current

current

 

 

 

 

 

Lease liabilities

 

 

 

 

Leasehold contracts (IAS 40)

407.2

10.6

415.0

11.0

Interim rental agreements

0.4

0.9

0.3

0.9

Leasing of land for the construction of owner-occupied commercial properties

27.8

0.1

27.6

0.1

Lease agreements

14.9

8.3

11.9

7.5

Contracting

13.6

5.0

12.8

1.5

Vehicle leases

1.1

1.5

2.4

1.8

Tenancy and license agreements

0.6

0.1

0.5

0.1

Leases of IT equipment

1.7

1.3

1.2

1.4

 

467.3

27.8

471.7

24.3