Note 35 – Pledged assets and contingent liabilities

Pledged assets
The Group and the Parent company had no pledged assets in 2016 or 2015.
Contingent liabilities
  Group Parent Company
SEK m 2016 2015 2016 2015
Guarantees 74 76 71 74
FPG/PRI 3 3 3 2
Total contingent liabilities 77 79 73 76

Of the guarantees in the Parent Company, SEK 59 m (2015: SEK 64 m) are pledged the benefit of group companies. Guarantees in the Parent Company, relating primarily to local customs departments, amount to SEK 14 m (2015: SEK 10 m).

Duni has an environmental policy and has implemented control systems which assist Duni in ensuring compliance with environmental legislation. Duni considers the existing operations and production plants to fulfil in all essential respects requirements stipulated in environmental legislation and provisions which extend to Duni. However, Duni cannot guarantee that currently unknown obligations, for example cleanup or restoration of property owned or previously owned by Duni, cannot arise in the future. Discussions are taking place with responsible authorities concerning allocation of responsibility and technical investigation of suspected past soil contamination on a property owned by Duni AB.

Through an amalgamated company which is no longer owned by the Group, Duni AB became a party to a preliminary investigation concerning suspected past soil contamination. A technical investigation has been completed and a decision has also been received from the authorities to the effect that Duni does not bear the risk.

No significant liabilities are expected to arise as a consequence of any of the above types of contingencies.