ONE ROOF

Notes to the Consolidated Financial Statements
184 Annual Report 2009
In addition, the HOCHTIEF Group has available a further EUR
4.22 billion (2008: EUR 3.71 billion) in guarantee facilities provided
by insurance companies and banks.
Group order exposure from awarded capital expenditure proj-
ects is EUR 126,211,000 (2008: EUR 364,426,000) and mostly
relates to mining activities at the Leighton Group.
Cash call commitments on financial assets totaled EUR
111,848,000 (2008: EUR 138,107,000), mostly for PPP project
companies in the HOCHTIEF Asia Pacific division.
The term breakdown of minimum lease payments under oper-
ating leases is as follows:
Operating leases
(EUR thousand) Dec. 31,
2009
Nominal
value
Dec. 31,
2008
Nominal
value
Due within 1 year 315,654 252,203
Due in 1–5 years 730,372 618,100
Due after 5 years 85,859 61,488
The obligations from operating leases mainly relate to techni-
cal equipment and machinery leased by the Leighton Group.
The increase is due to the expansion of activities in the mining
sector.
Lease payments under operating leases were EUR 320,127,000
(2008: EUR 249,990,000).
Amounts due under long-term tenancies are EUR 331,008,000
(2008: EUR 340,743,000). The term for which such tenancies
cannot be terminated is between two and twelve years. The
amounts due under tenancies are partly offset by anticipated
rental income of EUR 162,910,000 (2008: EUR 143,391,000).
Other financial obligations include EUR 89,507,000 (2008:
EUR 17,395,000) in commitments under long-term contracts
for the supply of goods and services.
Legal disputes
HOCHTIEF Group companies are involved in various legal
disputes in the context of their operating activities. HOCHTIEF
does not anticipate any material negative impact from such
disputes on the Group’s business and financial situation.