BASF Group (OTC: BASFY) has significant commitments under finance and operating leases. Presented below is selected note disclosure from its fiscal year 2008 financial statements.

In the current business year and in 2007, no additional lease payments arising from contractual obligations were recognized in income above the minimum lease payments.
In 2008, leasing liabilities were not off set by any expected minimum lease payments from sub-leases.
In addition, BASF is a lessee under operating lease contracts. The resulting lease obligations totaling €1,449 million in 2008 and €1,272 in 2007 are due in the following years:

1 . At the end of fiscal year 2008, what is the total amount of finance lease liabilities BASF reports on its balance sheet?
2 . Based on finance lease agreements in place at the end of fiscal year 2008, how much will BASF pay out on finance lease commitments in fiscal year 2009?
3 . Based on finance lease agreements in place at the end of fiscal year 2008, what is the amount of interest expense that BASF will report in fiscal year 2009?
4 . At the end of fiscal 2008, what are BASF’s total commitments under operating leases?
5 . Based on operating lease agreements in place at the end of fiscal year 2008, what is the minimum amount of rent expense that BASF will report in fiscal year 2009?
6 . At the end of fiscal year 2008, what is the amount of leased assets (carrying amount)
BASF reports on its balance sheet?

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27. LEASING Leased assets Property, plant and equipment include those assets which are considered to be economically owned through a finance lease. They primarily concern the following items: Leased assets (million ) Land, land rights and buildings Machinery and technical equipment Miscellaneous equipment and fixtures Advance payments and construction in progress Liabilities from Finance Leases (million ) Following year 1 Following year 2 Following year 3 Minimum Lease Payments 20 20 22 2008 Acquisition Cost 20 223 73 Interest Portion 5 5 5 2008 316 Leasing Liability 15 14 18 Net book Value 13 96 18 127 Acquisition Cost 26 226 71 Minimum Lease Payments 29 19 18 2007 323 2007 Interest Portion 6 5 5 Net book Value 18 118 20 156 Leasing Liability 23 13 13