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(1) Fixed Assets
Leased assets (finance leases)
Leased assets are posted as follows under tangible fixed assets:
 Fixed Assets - Leased assets') "(1) Fixed Assets - Leased assets") |
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The finance lease contracts were concluded at arms-length business conditions. Such leases normally include purchase options. The lease contracts do not provide for any contingent rent payments or restrictions.
The operating leases do not provide for any significant purchase or extension
options or restrictions.
 Fixed Assets - Finance leases ') "(1) Fixed Assets - Finance leases") |
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Minimum lease payments totaling 15.3 million Euro (2002: 14.4 million Euro) were recognized as other operating expenses with an effect on net income.