[32] Liabilities from the short-term rental business
Non-current and current liabilities from the short-term rental business total €505.6 million (2019: €615.8 million) and relate to the financing of industrial trucks for the short-term rental fleet.
Included in this amount are liabilities of €94.2 million (2019: €178.6 million) related to sale and leaseback sub-lease transactions entered into up to December 31, 2017.
The liabilities from the short-term rental business had the following maturities:
in € million |
Dec. 31, 2020 |
Dec. 31, 2019 |
|---|---|---|
Total future payments from short-term rental business (gross) |
529.3 |
638.5 |
due within one year |
162.6 |
186.4 |
due in one to two years |
142.1 |
151.9 |
due in two to three years |
111.3 |
129.8 |
due in three to four years |
67.4 |
95.4 |
due in four to five years |
32.3 |
52.1 |
due in more than five years |
13.6 |
22.9 |
The future payments from the short-term rental business include payments amounting to €97.3 million (2019: €185.7 million) that relate to sale and leaseback sub-lease transactions entered into up to December 31, 2017.