Econocom - 2019 Universal registration document

219 2019 annual report 06 consolidated financial statements notes to the consolidated financial statements Analysis of non-current interest-bearing liabilities by maturity 2019 in € millions Total 1 to 5 ژ years Beyond 5 ژ years Lease payables relating to contracts refinanced with recourse (non-current portion) 58.8 58.8 - Bonds 390.0 390.0 - Other debt 2.8 2.8 - Total 451.5 451.5 - 2018 in € ڳ millions Total 1 to 5 ژ years Beyond 5 ژ years Lease payables relating to contracts refinanced with recourse (non-current portion) 65.0 65.0 - Finance lease liabilities – real estate 0.1 0.1 - Finance lease liabilities – non-real estate 3.7 3.7 - Bonds 431.1 431.1 - Other debt 4.1 4.1 - Total 504.1 504.1 - Net debt 14.3. The concept of net debt as used by the Group represents gross debt (see note ژ 14.2) less gross cash (see note ژ 14.1 – cash and cash equivalents). Gross debt includes all interest-bearing debt and debt incurred through the receipt of financial instruments. It does not include: the gross purchase commitments of • leased assets (liaibility) and residual interests in leased assets; the derivative instrument hedging • Schuldschein notes; and lease liabilities. •