37 Other financial obligations

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PAYABLE

 

PAYABLE

 

PAYABLE

 

TOTAL

€ million

 

2013

 

2014–2017

 

after 2018

 

Dec. 31, 2012

 

 

 

 

 

 

 

 

 

Purchase commitments in respect of

 

 

 

 

 

 

 

 

property, plant and equipment

 

6,755

 

1,170

 

 

7,925

intangible assets

 

428

 

98

 

 

525

investment property

 

1

 

 

 

1

 

 

 

 

 

 

 

 

 

Obligations from

 

 

 

 

 

 

 

 

loan commitments to unconsolidated subsidiaries

 

95

 

 

 

95

irrevocable credit commitments to customers

 

2,747

 

151

 

284

 

3,183

long-term leasing and rental contracts

 

805

 

1,996

 

2,163

 

4,963

 

 

 

 

 

 

 

 

 

Miscellaneous other financial obligations

 

4,121

 

1,215

 

76

 

5,412

 

 

 

 

 

 

 

 

 

 

 

PAYABLE

 

PAYABLE

 

PAYABLE

 

TOTAL

€ million

 

2014

 

2015–2018

 

after 2019

 

Dec. 31, 2013

 

 

 

 

 

 

 

 

 

Purchase commitments in respect of

 

 

 

 

 

 

 

 

property, plant and equipment

 

7,391

 

1,267

 

 

8,658

intangible assets

 

636

 

290

 

 

925

investment property

 

10

 

 

 

10

 

 

 

 

 

 

 

 

 

Obligations from

 

 

 

 

 

 

 

 

loan commitments to unconsolidated subsidiaries

 

107

 

 

 

107

irrevocable credit commitments to customers

 

2,918

 

132

 

298

 

3,348

long-term leasing and rental contracts

 

825

 

2,181

 

2,327

 

5,333

 

 

 

 

 

 

 

 

 

Miscellaneous other financial obligations

 

4,208

 

1,697

 

83

 

5,988

Other financial obligations from long-term leasing and rental contracts are partly offset by expected income from subleases of €902 million (previous year: €626 million).

The miscellaneous other financial obligations contain obligations under an irrevocable credit commitment in the amount of €1.3 billion to LeasePlan Corporation N.V., Amsterdam, the Netherlands, a Volkswagen Group joint venture, with a term until December 2015. The loan has not been drawn down to date.