16 Noncurrent and current financial services receivables
|
|
CARRYING AMOUNT |
|
FAIR VALUE |
|
CARRYING AMOUNT |
|
FAIR VALUE |
|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
€ million |
|
Current |
|
Noncurrent |
|
Dec. 31, 2021 |
|
Dec. 31, 2021 |
|
Current |
|
Noncurrent |
|
Dec. 31, 2020 |
|
Dec. 31, 2020 |
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
Receivables from financing business |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
Customer financing |
|
27,272 |
|
48,639 |
|
75,911 |
|
77,103 |
|
26,758 |
|
46,157 |
|
72,916 |
|
75,296 |
|||
Dealer financing |
|
9,647 |
|
1,785 |
|
11,432 |
|
11,420 |
|
12,435 |
|
1,994 |
|
14,428 |
|
14,400 |
|||
Direct banking |
|
311 |
|
12 |
|
322 |
|
323 |
|
307 |
|
7 |
|
314 |
|
315 |
|||
|
|
37,230 |
|
50,435 |
|
87,665 |
|
88,846 |
|
39,500 |
|
48,157 |
|
87,658 |
|
90,010 |
|||
Receivables from operating leases |
|
325 |
|
– |
|
325 |
|
325 |
|
379 |
|
– |
|
379 |
|
379 |
|||
Receivables from finance leases |
|
18,943 |
|
34,519 |
|
53,462 |
|
54,481 |
|
18,127 |
|
34,408 |
|
52,534 |
|
53,6891 |
|||
|
|
56,498 |
|
84,954 |
|
141,452 |
|
143,651 |
|
58,006 |
|
82,565 |
|
140,571 |
|
144,078 |
|||
|
|||||||||||||||||||
The receivables from customer and dealer financing are secured by vehicles or real property liens. Of the receivables, €65 million (previous year: €33 million) was furnished as collateral for financial liabilities and contingent liabilities.
The receivables from dealer financing include €25 million (previous year: €35 million) receivable from unconsolidated affiliated companies.