G3. Contingent liabilities and pledged assets

AP Accounting principles

A contingent liability is recognized when there is a potential or actual obligation arising from events that have occurred that is not recognized as a liability or provision, either because it is improbable that an outflow of resources will be required to settle the obligation or because the amount cannot be calculated in a reliable manner.

Contingent liabilities

SEKm

2018

2017

2016

1)

Other contingent liabilities above pertain to recycling fees/taxes for packaging in France, where the claim is subject to a judicial review.

Guarantees for

 

 

 

associates

3

5

8

customers and others

44

43

39

Other contingent liabilities1)

333

294

214

Total

380

342

261

With reference to infringements of competition rules, claims for damages have been brought against the company. The company contests its responsibility and does not expect the claim to have a material impact.

Pledged assets

 

Pledged assets related to financial liabilities

Other

Total

SEKm

2018

2017

2016

Real estate mortgages

27

27

65

7

Chattel mortgages

34

34

31

55

Other

61

216

277

250

130

Total

122

216

338

346

192

Liabilities for which some of these assets were pledged as collateral amounted to SEK 0m (3; 0).