AAK Annual Report 2018
99 Group Parent 2018 2017 2018 2017 Collateral for provisions and liabilities Property mortgages 663 529 - - Other assets 498 390 - - Total 1,161 919 - - Group Parent 2018 2017 2018 2017 Other contingent liabilities 1,781 1,795 1,781 1,795 Total 1,781 1,795 1,781 1,795 For the Parent, SEK 119 million (97), i.e. 100 percent (100) of sales were to Group companies. The Parent’s purchasing from Group companies is related to administrative services of limited scope. All transactions were carried out on commercial 24 25 26 Note Assets pledged Note Contingent liabilities Note Related-party transactions Contingent liabilities refer primarily to counter-guarantees issued for Group companies’ commitments to financial institu- tions to cover local borrowings. terms. As at December 31, 2018, the Parent had intragroup receivables of SEK 156 million (109) and intragroup liabilities of SEK 27 million (28). Over and above the contingent liabilities stated above, guarantees for the completion of various contractual under- takings are sometimes involved as part of the Group’s normal Transactions with key management personnel Besides those transactions stated in Note 8 Remuneration of the Board of Directors and senior executives and in the description of the Board of Directors on pages 44–45, no transactions with related physical persons have taken place. business activities. There was no indication at year-end that any contractual guarantees provided will require any payment to be made.
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