DHL 2012 Annual Report Download - page 209

e net gains and losses on nancial instruments classied in
accordance with the individual measurement categories in  
are as follows:
Net gains and losses by measurement category
 m
2011 2012
Loans and receivables –94 –111
Financial assets and liabilities at fair value
through profit or loss
Trading 231 –337
Fair value option –1 0
Other financial liabilities 1 2
e net gains and losses mainly include the eects of the
fair value measurement, impairment and disposals (disposal
gains / losses) of nancial instruments. In nancial years  and
, the measurement of the forward and the options entered
into to transfer the remaining Postbank shares had a material
eect on net gains and losses. Dividends and interest are not
taken into account for the nancial instruments measured at fair
value through prot or loss. Disclosures on net gains or losses
on available- for-sale nancial assets can be found in Note .
Income and expenses from interest and commission agreements
of the nancial instruments not measured at fair value through
prot or loss are explained in the income statement disclosures.
 Contingent liabilities
e Group’s contingent liabilities total , million
( pre vious year: , million).  million of the contingent
liabilities relates to guarantee obligations (previous year:  mil-
lion),  million to warranties (previous year:  million)
and  million to liabilities from litigation risks (previous
year:  million). e other contingent liabilities declined
by , million, from , million in the previous year to
 million. Following the additional  payment of  mil-
lion, Note , this tax item was no longer recognised as a con-
tingent liability. In addition, as more information was available,
the existing obligation from a formal state aid investigation was
reassessed and the amount of the obligation was reduced.
 Other financial obligations
In addition to provisions, liabilities and contingent liabilities,
there are other nancial obligations amounting to , million
(previous year: , million) from non-cancellable operating
leases as dened by  .
e Group’s future non-cancellable payment obligations
under leases are attributable to the following asset classes:
Lease obligations
 m
2011 2012
Land and buildings 5,294 5,100
Aircraft 765 647
Transport equipment 443 450
Technical equipment and machinery 80 65
Other equipment, operating and oce equipment 31 48
 equipment 12 15
Lease obligations 6,625 6,325
e decrease in lease obligations by  million to
, million is a consequence of the reduction in the remaining
terms of legacy agreements, especially for real estate and aircra
which, in the main, are not matched by the same volume of new
leases.
Maturity structure of minimum lease payments
 m
2011 2012
Less than  year 1,479 1,504
More than  year to  years 1,100 1,107
More than  years to  years 867 837
More than  years to  years 668 642
More than  years to  years 526 500
More than  years 1,985 1,735
6,625 6,325
e present value of discounted minimum lease payments is
, million (previous year: , million), based on a discount
factor of .  (previous year: . ). Overall, rental and leasepay-
ments amounted to , million (previous year: , million),
of which , million (previous year: , million) relates to
non-cancellable leases. , million (previous year: , mil-
lion) of future lease obligations from non-cancellable leases is
primarily attributable to Deutsche Post Immobilien GmbH.
e purchase obligation for investments in non-current assets
amounts to  million (previous year:  million).
Deutsche Post DHL Annual Report 
Consolidated Financial Statements
Notes
Other disclosures
205