Collateral and contingent liabilities | |||
EUR thousand | 2018 | 2017 | |
Contingent liabilities | |||
Credit facility | 5,000 | 1,000 | |
Standby letter of credit | 1,332 | 1,267 | |
Lease guarantee | 146 | 148 | |
Corporate credit card | 89 | 32 | |
Total | 6,567 | 2,447 | |
An overdraft facility worth EUR 5,000,000 was used during the 2017 and 2018 financial periods.
The standby letter of credit is denominated in a foreign currency. The amount of liability in foreign currency is USD 1,500,000. |
|||
EUR thousand | 2018 | 2017 | |
Collateral pledged on own behalf | 8,300 | 3,800 | |
Collateral pledged on behalf of others | |||
Collateral | 13 | 14 | |
Guarantee | 292 | 331 | |
Total | 8,605 | 4,145 |
Covenants
The Group’s covenants are described in Note 22 Risk management.
Legal action
The Group did not have any relevant legal action pending in 2017 and 2018.
Other lease agreements
The liabilities derived from the Group’s other lease agreements are presented in Note 23 Other lease agreements.