Note 35 – Pledged assets and contingent liabilities

Pledged assets
The Group and the Parent Company had no pledged assets in 2017 or 2016.
Contingent liabilities
  Group Parent Company
SEK m 2017 2016 2017 2016
Guarantees  37 74  35 71
FPG/PRI  2 3  2 3
Total contingent liabilities  39 77  37 73

Of the guarantees in the Parent Company, SEK 35 m (2016: SEK 59 m) are pledged to the benefit of Group companies. Guarantees in the Parent Company, relating primarily to local customs departments, amount to SEK 2.4 m (2016: SEK 14 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 fulfill in all essential respects the 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 two properties owned by Duni AB.

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