[22] Lease receivables

In the case of leases under which KION Group entities lease assets directly to customers as part of the Group’s financial services activities, the Group’s net investment in the lease is reported as a lease receivable.

The amounts recognised as lease receivables are based on the data below. > TABLE 065

Lease receivables

 

065

in € million

2015

2014

Gross investments

725.8

611.8

due within one year

210.8

228.7

due in one to five years

489.6

364.6

due in more than five years

25.4

18.5

 

 

 

Present value of outstanding minimum lease payments

653.7

547.8

due within one year

181.7

202.5

due in one to five years

447.5

327.5

due in more than five years

24.5

17.8

 

 

 

Unrealised financial income

72.0

64.0

Gross investments include minimum lease payments from non-cancellable sub-leases amounting to €587.1 million (31 December 2014: €488.8 million).

Lease receivables include unguaranteed residual values of €74.5 million (31 December 2014: €63.9 million).