31 Put options and compensation rights granted to noncontrolling interest shareholders

This balance sheet item consists almost exclusively of the present value of the cash settlement in accordance with section 305 of the Aktiengesetz (AktG – German Stock Corporation Act) offered to MAN shareholders in connection with the control and profit and loss transfer agreement, including the basic interest rate in accordance with section 247 of the Bürgerliches Gesetzbuch (BGB – German Civil Code) assumed until the end of the award proceedings (see also the description of the transaction in the disclosures on the basis of consolidation).