(21) Securities

As of the balance sheet date, securities comprised promissory note bonds and bearer debenture bonds totalling €63,455 thousand (prior year: € - thousand) which Jungheinrich intends to and is capable of holding to maturity. All of the securities mature in 2009 and German local authorities are directly or indirectly liable for them. The impairment test carried out on the securities did not reveal any long-term impairments.