46. Contingent liabilities and other financial obligations
No provisions were formed for the following contingent liabilities because it was deemed highly unlikely that they would be utilised.
in € thousand |
|
31.12.2020 |
|
31.12.2019 |
|---|---|---|---|---|
Guarantees |
|
38,820 |
|
29,338 |
Comfort letters |
|
0 |
|
0 |
|
|
38,820 |
|
29,338 |
Within a one-year period from 31 December 2020, HHLA can make use of the existing guarantees up to a maximum amount of € 56,480 thousand.
The following other financial obligations existed on the reporting date:
in € thousand |
|
31.12.2020 |
|
31.12.2019 |
|---|---|---|---|---|
Outstanding purchase commitments |
|
125,009 |
|
119,166 |
Other |
|
53,420 |
|
59,415 |
|
|
178,429 |
|
178,581 |
Of the obligations from outstanding purchase commitments, € 85,030 thousand (previous year: € 87,529 thousand) is attributable to investments in property, plant and equipment and € 3,425 thousand (previous year: € 1,833 thousand) is attributable to investments in intangible assets.
Payments for investments in property, plant and equipment, investment property and intangible assets.