(39) Other Financial Obligations

In overall terms, the Group has obligations from investment commitments amounting to € 127.6 million (2004: € 74.7 million), obligations from rental agreements with terms lasting several years amounting to € 161.2 million (2004: € 162.0 million) and other obligations totaling € 687.9 million (2004: € 615.9 million).

In the Steel Division, long-term purchasing commitments to safeguard the procurement of input material for raw materials and sea freight, which due to the current market situation are relevant for assessing the financial position, are also reported under other financial obligations.

Apart from a sum of € 577.9 million (2004: € 345.8 million), the other financial obligations have a residual time to maturity of up to one year.

The other financial obligations arising from long-term rental and lease agreements consist of the following: