18.2. Group as a lessor
Occasionally, the Group concludes finance lease contracts with its customers in reference to machinery, and with commercial representatives in reference to cars. As at the balance-sheet date, the Group had more than ten contracts pending repayment. The Group did not recognise any uncollectible lease payments.
The contracts do not contain any contingent lease payments depending on future factors other than the lapse of time.
| 31.12.2023 | 31.12.2022 | |
|---|---|---|
| Gross lease investment | 927 | 821 |
| Up to 1 year | 298 | 503 |
| Between 1 and 5 years | 629 | 318 |
| Present value of minimum lease payments | 794 | 764 |
| Up to 1 year | 247 | 473 |
| Between 1 and 5 years | 547 | 291 |
| Unearned finance income (discount) | 133 | 57 |
| Unguaranteed residual value vested in the lessor | 150 | 260 |