Mercedes 2010 Annual Report Download - page 201

Consolidated Financial Statements | Notes to the Consolidated Financial Statements | 197
12. Equipment on operating leases
Equipment on operating leases developed as follows:
In millions of euros
Acquisition or manufacturing costs
Balance at January 1, 2009 24,928
Additions due to business combinations –
Other additions 10,759
Reclassifications –
Disposals -11,162
Other changes 1-23
Balance at December 31, 2009 24,502
Additions due to business combinations –
Other additions 11 , 6 4 3
Reclassifications –
Disposals -11, 49 8
Other changes 11,036
Balance at December 31, 2010 25,683
Depreciation
Balance at January 1, 2009 6,256
Additions 3,450
Reclassifications –
Disposals -3,723
Other changes 1-13
Balance at December 31, 2009 5,970
Additions 3,404
Reclassifications –
Disposals -3,930
Other changes 1314
Balance at December 31, 2010 5,758
Carrying amount at December 31, 2009 18,532
Carrying amount at December 31, 2010 19,925
1 Primarily changes from currency translation.
As of December 31, 2009, equipment on operating leases with
a carrying amount of €643 million is pledged as security for
liabilities from ABS transactions which are related to a securiti-
zation transaction of future lease payments on operating leases
and related vehicles (see also Note 24).
Minimum lease payments. Non-cancelable future lease
payments to Daimler for equipment on operating leases are
due as follows:
At December 31,
2010 2009
In millions of euros
Maturity
within one year 3,794 3,550
between one and five years 4,255 3,842
later than 5 years 213 155
8,262 7,547