Porsche 2010 Annual Report Download - page 212
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Financials
210
For resulting risks associated with the planned merger of Porsche SE into Volkswagen AG,
please refer to the “Litigation risk” section in the risk report presented as part of Porsche SE’s
group management report.
The company believes that adequate provisions have been recognized for the anticipated
attorneys’ fees and litigation expenses.
Adequate provisions have been recognized for potential financial costs from other court or
arbitration proceedings.
[26] Other financial obligations
As of the reporting date, other financial obligations break down as follows:
Sundry other financial obligations result from trust relationships and warranties.
Rent and leasing payments recorded as an expense in the fiscal year total €0 million (prior year:
€1 million). The leases also contained renewal and purchase options as well as escalation clauses.
Payable Total
1 year in 1 to 5 > 5 years
€ million years
31 December 2010
Sundry other financial obligations 1 4 0 5
31 July 2010
Sundry other financial obligations 1 4 1 6