26 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, 2025, compared with December 31, 2024.
Development of Right-of-use Assets
Development of Right-of-use Assets | |||||
in € million | Dec. 31, 2024 | Jun. 30, 2025 | |||
Right-of-use assets | |||||
Leasehold contracts | 1,600.0 | 1,587.6 | |||
Interim rental agreements | 0.5 | 0.4 | |||
Right-of-use assets within investment properties | 1,600.5 | 1,588.0 | |||
Leasing of land for the construction of owner-occupied commercial properties | 32.3 | 32.1 | |||
Lease agreements for commercial premises | 57.4 | 54.0 | |||
Contracting | 66.9 | 60.6 | |||
Vehicle leases | 6.0 | 6.7 | |||
Leases for IT equipment | 0.9 | 1.0 | |||
Metering technology | 17.3 | 15.2 | |||
Right-of-use assets within property, plant and equipment | 180.8 | 169.6 | |||
1,781.3 | 1,757.6 | ||||
The following table shows the development of current and non-current lease liabilities within the meaning of IFRS 16 as of June 30, 2025, compared with December 31, 2024.
Development of Lease Liabilities
Development of Lease Liabilities | |||||||||
Dec. 31, 2024 | Jun. 30, 2025 | ||||||||
in € million | Non-current | Current | Non-current | Current | |||||
Lease liabilities | |||||||||
Leasehold contracts (IAS 40) | 475.7 | 12.8 | 487.1 | 12.5 | |||||
Interim rental agreements | – | 0.4 | 0.0 | 0.3 | |||||
Leasing of land for the construction of owner-occupied commercial properties | 33.8 | 0.2 | 33.2 | 0.2 | |||||
Lease agreements for commercial premises | 45.8 | 14.0 | 42.3 | 14.2 | |||||
Contracting | 57.8 | 10.3 | 53.7 | 8.3 | |||||
Vehicle leases | 3.2 | 2.9 | 3.5 | 3.3 | |||||
Leases for IT equipment | 0.6 | 0.4 | 0.6 | 0.4 | |||||
Metering technology | 13.7 | 4.1 | 12.1 | 3.9 | |||||
630.6 | 45.1 | 632.5 | 43.1 | ||||||