The following information is part of the consolidated financial statements as of 31 December 2003, which were audited and issued with an unqualified certificate by KPMG Deutsche Treuhand AG, Wirtschaftprüfungsgesellschaft.

Table Disclosure Contractual Obligations

The table below shows the cash payment requirements from specified contractual obligations outstanding as of December 31, 2003:

 
  Payment due by period
Contractual Obligations Total Less than 1–3 3–5 More than
in € m. 1 year years years 5 years
Long-Term Debt Obligations 97,480 15,462 20,971 18,583 42,464
Capital (Finance) Lease Obligations 2,163 150 320 455 1,238
Operating Lease Obligations 2,839 481 725 559 1,074
Purchase Obligations 2,146 378 625 457 686
Long-term Deposits 24,982 – 10,578 5,045 9,359
Other Long-Term Liabilities 11,488 474 1,125 962 8,927
Total 141,098 16,945 34,344 26,061 63,748

Long-term deposits exclude contracts with a remaining maturity of less than one year. Purchase obligations reflect minimum payments due under long-term real-estate-related obligations, and long-term outsourcing agreements that require payments of either € 10 million or more in one year or € 15 million or more over the entire life of the agreement. Operating lease obligations exclude the benefit on noncancelable sublease rentals of € 302 million. Other long-term liabilities consist primarily of obligations to purchase common shares, and insurance policy reserves which are classified in the “More than 5 years” column since the obligations are long term in nature and actual payment dates cannot be specifically determined. See the following notes to the consolidated financial statements for further information: Note [11] regarding lease obligations, Note [14] regarding deposits, Note [16] regarding long-term debt, Note [18] regarding obligation to purchase common shares and Note [24] regarding insurance-related liabilities.