DHL 2015 Annual Report Download - page 204

Deutsche Post  Group —  Annual Report
Offsetting – assets
 m
Gross amount
ofassets
Gross amount
ofliabilities set off
Recognised net
amount of
assets set off
Assets and liabilities not set off
in the balance sheet
Total
Liabilities that
donot meet
offsetting criteria
Collateral
received
Assets at  December 
Derivative financial assets 1 52 0 52 51 0 1
Trade receivables 7,850 156 7,694 0 0 7,694
Assets at  December 
Derivative financial assets 1 153 0 153 145 0 8
Trade receivables 7,954 129 7,825 0 0 7,825
1 Excluding derivatives from    transactions.
Offsetting – liabilities
 m
Gross amount
ofliabilities
Gross amount
ofassets set off
Recognised net
amount of
liabilities set off
Assets and liabilities not set off
in the balance sheet
Total
Assets that
donotmeet
offsetting criteria
Collateral
provided
Liabilities at  December 
Derivative financial liabilities 1 124 0 124 51 0 73
Trade payables 7,225 156 7,069 0 0 7,069
Liabilities at  December 
Derivative financial liabilities 1 145 0 145 145 0 0
Trade payables 7,051 129 6,922 0 0 6,922
1 Excluding derivatives from    transactions.
 Contingent liabilities
e Group’s contingent liabilities break down as follows:
Contingent liabilities
 m
2014 2015
Guarantee obligations 89 87
Warranties 80 74
Liabilities from litigation risks 183 69
Other contingent liabilities 1,428 1,068
Total 1,780 1,298
e  million reduction in contingent liabilities is largely due to
the remeasurement of a tax item. e other contingent liabilities
include an obligation from a formal state aid investigation, Note,
a potential obligation to make settlement payments in the ,
Note , and other tax-related obligations.
 Other financial obligations
In addition to provisions, liabilities and contingent liabilities, there
are other nancial obligations amounting to , million (previ-
ous 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
2014 2015
Land and buildings 5,375 5,929
Aircraft 1,083 1,072
Transport equipment 576 472
Technical equipment and machinery 67 70
Other equipment, operating and oce equipment 43 32
 equipment 11 7
Total 7,155 7,582
e increase in lease obligations by  million to , million
is due to currency eects, as well as the conclusion of new leases.
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