[19] Rental assets
The changes in rental assets in 2017 and 2016 were as follows: > TABLE 065
Rental assets |
|
065 |
in € million |
2017 |
2016 |
Balance as at 01/01/ |
575.3 |
544.0 |
Group changes |
0.5 |
6.1 |
Currency translation adjustments |
–9.8 |
–2.9 |
Additions |
347.2 |
286.1 |
Disposals |
–77.0 |
–91.8 |
Depreciation |
–185.2 |
–169.1 |
Reclassification |
0.4 |
2.8 |
|
|
|
Balance as at 31/12/ |
651.4 |
575.3 |
Gross carrying amount as at 31/12/ |
1,114.7 |
990.0 |
Accumulated depreciation |
–463.3 |
–414.6 |
Rental assets are allocated solely to the Industrial Trucks & Services segment. The breakdown of rental assets by contract type is shown in the following table: > TABLE 066
Rental assets broken down by contract types |
066 |
|||||
|
Operating leases as lessor |
Sale with risk |
Total |
|||
in € million |
2017 |
2016 |
2017 |
2016 |
2017 |
2016 |
Industrial trucks |
586.3 |
514.4 |
63.2 |
57.9 |
649.5 |
572.3 |
Truck equipment |
1.9 |
3.0 |
0.0 |
0.0 |
1.9 |
3.0 |
Total rental assets |
588.2 |
517.4 |
63.2 |
57.9 |
651.4 |
575.3 |
The rental assets item comprises assets resulting from short-term rentals (‘operating leases as lessor’) and assets in relation to which significant risks and rewards remain with the KION Group although they were sold (‘sale with risk’).