Off-balance sheet information

32. Commitments and contingent liabilities

The company issued guarantees regarding principal and interest repayments for a number of projects. The nominal amount of the guarantees is valued at the exchange rate as per December 31, 2017 and December 31, 2016.

 

2017

2016

   

Contingent liabilities

  

Effective guarantees issued

68,129

61,050

Less: provisions, amortized costs and obligations for guarantees (presented under other liabilities)

-3,108

-6,726

Total guarantees issued

65,021

54,324

   

Effective guarantees received

175,042

224,754

Total guarantees received

175,042

224,754

Of the liabilities for guarantees €0 (2016: €0) is covered by a counter guarantee of the State.

  

2017

2016

    

Irrevocable facilities

  

Contractual commitments for disbursements of:

  

ˑ

Loans

956,791

768,838

ˑ

Equity investments and associates

685,373

843,550

ˑ

Contractual commitments for guarantees

142,995

207,851

Total irrevocable facilities

1,785,159

1,820,239

33. Lease and rental commitments

The future lease payments under non-cancellable operating leases are based on contractual terms and can be summarized as follows:

2017

≤ 1 year

>1 - ≤ 5 years

> 5 years

Total

Buildings

2,184

9,163

6,088

17,435

Cars

816

1,049

-

1,865

Total lease and rental commitments

3,000

10,212

6,088

19,300

2016

≤ 1 year

>1 - ≤ 5 years

> 5 years

Total

Buildings

2,142

8,990

8,445

19,577

Cars

839

1,255

-

2,094

Total lease and rental commitments

2,981

10,245

8,445

21,671