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B Consolidated Annual Financial Statements/Notes V. Notes to the Consolidated Financial Statements of Salzgitter AG 264 265
(36) Long-Term Financial Liabilities
in T€ 31/12/2007 31/12/2006
Liabilities to banks 45,845 56,922
Liabilities from finance lease agreements 33,780 32,701
Other borrowings 7,812 26
Financial liabilities 87,437 89,649
The liabilities from finance leases reported under long-term financial liabilities are shown in the following
tables:
in T€ Residual Residual 31/12/2007
term term Total
1–5 years > 5 years
Minimum lease payments 22,510 21,596 44,106
Finance costs 6,025 4,301 10,326
Cash value of minimum lease payments 16,485 17,295 33,780
in T€ Residual Residual 31/12/2006
term term Total
1–5 years > 5 years
Minimum lease payments 16,771 27,000 43,771
Finance costs 5,819 5,251 11,070
Cash value of minimum lease payments 10,952 21,749 32,701
The long-term liabilities from lease transactions relate essentially to the leasing of plant equipment and
machinery.
Consolidated Annual
Financial Statements