[32] Liabilities from the short-term rental business
Non-current and current liabilities from the short-term rental business totaled €488.9 million (December 31, 2020: €505.6 million) and related to the financing of industrial trucks for the short-term rental fleet.
This amount still included liabilities of €43.2 million (December 31, 2020: €94.2 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, 2021 |
Dec. 31, 2020 |
|---|---|---|
Total future payments from short-term rental business (gross) |
512.8 |
529.3 |
due within one year |
177.1 |
162.6 |
due in one to two years |
139.2 |
142.1 |
due in two to three years |
94.6 |
111.3 |
due in three to four years |
56.1 |
67.4 |
due in four to five years |
33.5 |
32.3 |
due in more than five years |
12.4 |
13.6 |
The future payments from the short-term rental business still included payments amounting to €44.3 million (2020: €97.3 million) that relate to sale and leaseback sub-lease transactions entered into up to December 31, 2017, most of which are due within one year.