iLOQ-vuosikertomus 2019

Note 34

Liabilities and collateral

Amounts paid for leasing agreements 2019 2018
Payable in the following financial period 50 48
Payable later 41 54
Total 92 102
Other contingent liabilities
Standby letter of credit 1,363 1,332
Lease liabilities 620 663
Company credit cards 49 68
Total 2,031 2,064
The company has issued a guarantee in the amount of EUR 12,846.04 on behalf of iLOQ Sverige AB relating to the office lease of the subsidiary. In addition, the company has issued a guarantee of EUR 91,120.63 on behalf of iLOQ Sverige AB, a guarantee of EUR 107,643.36 on behalf of iLOQ Danmark ApS, a guarantee of EUR 98,325.29 on behalf of iLOQ Norge AS and a guarantee of EUR 63,955.83 on behalf of iLOQ Iberia SLU.  The guarantees relate to car leasing contracts. Additionally, the company has an overdraft facility of EUR 5,000,000, which has been used during the financial year 2019.

In 2019, the company has issued a guarantee of EUR 141,700,000 on behalf of the parent company Capnor Weasel Bidco Oy for a financing arrangement.

Collaterals issued
Collaterals issued 8,300 8,300
Total 8,300 8,300

In 2019, collateral granted on behalf of others includes EUR 141,700,000 for a business mortgage related to the financing of the parent company Capnor Weasel Bidco Oy.