Skip to Content

(22) Other Financial Commitments

Other Financial Commitments

€ millions 2016 2015
Operating leases 1,578 1,347
Contractual obligations for acquisition of property, plant, and equipment and intangible assets 227 162
Other purchase obligations 596 710
Purchase obligations 823 872
Capital contribution commitments 167 111
Total 2,568 2,330

Our operating leases relate primarily to the lease of office space, hardware, and vehicles, with remaining non-cancelable lease terms between less than one year and 32 years. On a limited scale, the operating lease contracts include escalation clauses (based, for example, on the consumer price index) and renewal options. The contractual obligations for acquisition of property, plant, and equipment and intangible assets relate primarily to the construction of new and existing facilities and to the purchase of hardware, software, patents, office equipment, and vehicles. The remaining obligations relate mainly to marketing, consulting, maintenance, license agreements, and other third-party agreements. Historically, the majority of such purchase obligations have been realized.

SAP invests and holds interests in other entities. On December 31, 2016, total commitments to make such equity investments amounted to €308 million (2015: €197 million), of which €141 million had been drawn (2015: €86 million). By investing in such equity investments, we are exposed to the risks inherent in the business areas in which these entities operate. Our maximum exposure to loss is the amount invested plus unavoidable future capital contributions.

Other Financial Commitments

€ millions December 31, 2016
Operating Leases Purchase Obligations Capital Contribution Commitments
Due 2017 316 436 167
Due 2018 to 2021 790 266 0
Due thereafter 471 121 0
Total 1,578 823 167

Our rental and operating lease expenses were €458 million, €386 million, and €291 million for the years 2016, 2015, and 2014, respectively.

Back to top