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21 Leases

The following table shows the development of right-of-use assets arising from leases within the meaning of IFRS 16 as of June 30, 2022, compared with December 31, 2021.

Development of Right-of-use Assets

Development of Right-of-use Assets

in € million

Dec. 31, 2021

Jun. 30, 2022

Right-of-use assets

Leasehold contracts

1,685.3

1,623.0

Interim rental agreements

3.8

3.6

Right-of-use assets within investment properties

1,689.1

1,626.6

Leasing of land for the construction of owner-occupied commercial properties

27.4

28.1

Lease agreements

45.1

48.8

Contracting

56.8

52.8

Vehicle leases

4.8

4.5

License agreements

0.5

0.5

Leases of IT equipment

2.1

1.9

Metering technology

38.2

35.4

Right-of-use assets within property, plant and equipment

174.9

172.0

1,864.0

1,798.6

The following table shows the development of current and non-current liabilities arising from leases within the meaning of IFRS 16 as of June 30, 2022, compared with December 31, 2021.

Development of Lease Liabilities

Development of Lease Liabilities

Dec. 31, 2021

Jun. 30, 2022

in € million

non-current

current

non-current

current

Lease liabilities

Leasehold contracts (IAS 40)

486.4

11.5

463.0

12.0

Interim rental agreements

2.6

1.4

2.1

1.4

Leasing of land for the construction of owner-occupied commercial properties

28.0

0.1

28.5

0.1

Lease agreements

34.9

10.4

38.2

11.0

Contracting

46.2

11.8

43.6

10.4

Vehicle leases

2.6

2.2

2.4

2.1

License agreements

0.5

0.5

0.0

Leases of IT equipment

1.0

1.2

1.0

1.0

Metering technology

32.7

5.6

30.3

5.3

634.9

44.2

609.7

43.2