P25 Leasing

Leasing with the Parent Company as lessee

At December 31, 2011, future payment obligations for leases were distributed as follows:

Future payment obligations for leases
  Operating leases
2012 1,047
2013 804
2014 754
2015 430
2016 272
2017 and later 901
Total 4,208

Leasing with the Parent Company as lessor

At December 31, 2011, future minimum payment receivables were distributed as follows:

Future minimum payment receivables
  Operating leases
2012 19
2013 2
2014 1
2015 1
2016 1
2017 and later 1
Total 25

The operating lease income is mainly income from sublease of real estate. See Notes to the Consolidated Financial Statements – Note C27, “Leasing”.

Uncertainties in the future

Some of the information provided in this material contains forward-looking statements. Click for details