DHL 2009 Annual Report Download - page 204

 e net gains and losses from  nancial instruments classi-
 ed in accordance with the measurement categories of   are
composed as follows:
Net gains and losses of the measurement categories
 m
2008 2009
Loans and receivables 214 184
Held-to-maturity fi nancial assets 0 0
Financial assets and liabilities recognised at fair value
through profi t or loss
Trading –181 –146
Fair value option 18 –10
Other fi nancial liabilities –26 46
 e net gains and losses mainly include the e ects of valua-
tion allowances, fair-value measurement, and disposals (disposal
gains / losses). Dividends and interest are not taken into account for
the  nancial instruments recognised at fair value in pro t or loss.
Details of net gains or losses on the  nancial assets available for sale
can be found in Note  . Income and expense from interest and
commission agreements of the  nancial instruments not measured
at fair value through pro t or loss are explained in the income state-
ment disclosures.
Cumulative costs for loans and receivables include write-
downs of trade receivables from Arcandor  in the amount of
  million.
 Contingent liabilities
 e Group’s contingent liabilities total  , million (previ-
ous year:  , million).   million of the contingent liabilities re-
late to guarantee obligations (previous year:   million),   mil-
lion to warranties (previous year:   million) and   million
to liabilities from litigation risks (previous year:   million).  e
other contingent liabilities amounting to  , million (previous
year:  , million) mainly relate to obligations from formal state
aid proceedings, see also Note .
 Other fi nancial 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 un-
der leases are attributable to the following asset classes:
Lease obligations
 m
2008 2009
Land and buildings 6,452 5,359
Technical equipment and machinery 68 106
Other equipment, operating and o ce equipment 49 25
Transport equipment 501 376
Aircraft 194 312
Miscellaneous 10 15
Leases 7,274 6,193
 e decrease in operating leases is due to the decline in the
 express business (previous year:   million).  e increase in
the aircra item is mainly due to the  eet expansion at AeroLogic
GmbH. In the previous year,   million of the leasing obligations
related to the Deutsche Postbank Group.
Maturity structure of lease payments
 m
2008 2009
Year  after reporting date 1,452 1,357
Year  after reporting date 1,174 1,023
Year  after reporting date 994 800
Year  after reporting date 717 600
Year  after reporting date 533 478
Year  after reporting date and thereafter 2,404 1,935
Maturity structure of minimum lease payments 7,274 6,193
 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
payments of  , million (previous year:  , million) arose,
of which  , million (previous year:  , million) relate to
non-cancellable leases.  , million (previous year:  , mil-
lion) of the future lease obligations from non-cancellable leases re-
lates primarily to Deutsche Post Immobilien GmbH.
 e purchase obligation for investments in non-current assets
amounted to   million (previous year:   million).
Deutsche Post DHL Annual Report 
Consolidated Financial Statements
Notes
Other disclosures
187