Porsche 2005 Annual Report Download - page 139

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137
July 31, 2006 July 31, 2005
T€ T€
Receivables from financial services 1,683,639 1,567,302
thereof non-current 1,248,750 1,183,421
thereof current 434,889 383,881
(17) Non-current and current receivables from financial services
The receivables from financial services contain receivables from customer and dealer financing including
installments due for payment of T€ 519,803 (previous year: T€ 472,971) and receivables from finance
leases of T€ 1,202,852 (previous year: T€ 1,131,145).
The accumulated allowances for outstanding minimum lease payments for finance leases that are
subject to risk amount to T€ 39,016 (previous year: T€ 36,814).
Receivables from finance leases are a result of vehicle financing and break down as follows:
Receivables from financial services are generally secured by the assignment of collateral,
guarantees or land charges.
Non-guaranteed residual values accruing to the benefit of the Porsche Group amount to T€ 334,345
(previous year: T€ 313,372).
July 31, 2006 July 31, 2005
T€ T€
Gross total investments in the lease 1,351,430 1,275,639
Due within one year 454,100 401,597
Due in one to five years 897,115 873,619
Due in more than five years 215 423
Unrealized finance income – 148,578 – 144,494
Present value of outstanding minimum lease payments 1,202,852 1,131,145
Due within one year 385,059 332,972
Due in one to five years 817,730 797,778
Due in more than five years 63 395