22 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, 2023, compared with December 31, 2022.
Development of Right-of-use Assets
Development of Right-of-use Assets | |||||
in € million | Dec. 31, 2022 | June 30, 2023 | |||
Right-of-use assets | |||||
Leasehold contracts | 2,016.8 | 1,824.3 | |||
Interim rental agreements | 3.0 | 3.2 | |||
Right-of-use assets within investment properties | 2,019.8 | 1,827.5 | |||
Leasing of land for the construction of owner-occupied commercial properties | 30.9 | 30.7 | |||
Lease agreements for commercial premises | 41.7 | 51.2 | |||
Contracting | 91.8 | 84.2 | |||
Vehicle leases | 4.7 | 5.2 | |||
License agreements | 0.5 | 0.6 | |||
Leases of IT equipment | 1.5 | 1.3 | |||
Metering technology | 22.6 | 20.8 | |||
Right-of-use assets within property, plant and equipment | 193.7 | 194.0 | |||
2,213.5 | 2,021.5 | ||||
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, 2023, compared with December 31, 2022.
Development of Lease Liabilities
Development of Lease Liabilities | |||||||||
Dec. 31, 2022 | June 30, 2023 | ||||||||
in € million | Non-current | Current | Non-current | Current | |||||
Lease liabilities | |||||||||
Leasehold contracts (IAS 40) | 470.1 | 12.2 | 464.9 | 11.9 | |||||
Interim rental agreements | 1.7 | 1.4 | 2.1 | 1.2 | |||||
Leasing of land for the construction of owner-occupied commercial properties | 31.9 | 0.1 | 31.3 | 0.1 | |||||
Lease agreements for commercial premises | 32.0 | 10.3 | 41.1 | 11.6 | |||||
Contracting | 81.9 | 11.4 | 73.7 | 12.4 | |||||
Vehicle leases | 2.5 | 2.2 | 2.8 | 2.4 | |||||
License agreements | 0.5 | – | 0.6 | 0.0 | |||||
Leases of IT equipment | 0.8 | 0.7 | 0.8 | 0.6 | |||||
Metering technology | 19.6 | 3.2 | 17.9 | 3.2 | |||||
641.0 | 41.5 | 635.2 | 43.4 | ||||||