21 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, 2022, compared with December 31, 2021.
Development of Right-of-use Assets
Development of Right-of-use Assets | |||||
in € million | Dec. 31, 2021 | Jun. 30, 2022 | |||
Right-of-use assets | |||||
Leasehold contracts | 1,685.3 | 1,623.0 | |||
Interim rental agreements | 3.8 | 3.6 | |||
Right-of-use assets within investment properties | 1,689.1 | 1,626.6 | |||
Leasing of land for the construction of owner-occupied commercial properties | 27.4 | 28.1 | |||
Lease agreements | 45.1 | 48.8 | |||
Contracting | 56.8 | 52.8 | |||
Vehicle leases | 4.8 | 4.5 | |||
License agreements | 0.5 | 0.5 | |||
Leases of IT equipment | 2.1 | 1.9 | |||
Metering technology | 38.2 | 35.4 | |||
Right-of-use assets within property, plant and equipment | 174.9 | 172.0 | |||
1,864.0 | 1,798.6 | ||||
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, 2022, compared with December 31, 2021.
Development of Lease Liabilities
Development of Lease Liabilities | |||||||||
Dec. 31, 2021 | Jun. 30, 2022 | ||||||||
in € million | non-current | current | non-current | current | |||||
Lease liabilities | |||||||||
Leasehold contracts (IAS 40) | 486.4 | 11.5 | 463.0 | 12.0 | |||||
Interim rental agreements | 2.6 | 1.4 | 2.1 | 1.4 | |||||
Leasing of land for the construction of owner-occupied commercial properties | 28.0 | 0.1 | 28.5 | 0.1 | |||||
Lease agreements | 34.9 | 10.4 | 38.2 | 11.0 | |||||
Contracting | 46.2 | 11.8 | 43.6 | 10.4 | |||||
Vehicle leases | 2.6 | 2.2 | 2.4 | 2.1 | |||||
License agreements | 0.5 | – | 0.5 | 0.0 | |||||
Leases of IT equipment | 1.0 | 1.2 | 1.0 | 1.0 | |||||
Metering technology | 32.7 | 5.6 | 30.3 | 5.3 | |||||
634.9 | 44.2 | 609.7 | 43.2 | ||||||