iLOQ

Information on collateral and contingent liabilities

 

2017 2016 2017 2016
12. AMOUNTS PAID FOR LEASING AGREEMENTS iLOQ Group iLOQ Group iLOQ Oy iLOQ Oy
Payable in the following financial period 290,836.99 169,150.71 35,747.84 17,634.68
Payable later 275,173.64 195,587.96 42,316.90 19,374.46
Total 566,010.63 364,738.67 78,064.74 37,009.14
2017 2016 2017 2016
13. AMOUNTS OF OTHER CONTINGENT LIABILITIES iLOQ Group iLOQ Group iLOQ Oy iLOQ Oy
Credit limit 1,000,000.00 1,000,000.00
Standby letter of credit 1,266,998.90 1,451,519.25 1,266,998.90 1,451,519.25
Lease liabilities 176,715.89 112,088.35 148,509.96 77,904.56
Company credit cards 32,488.30 10,062.69 24,473.63 10,062.69
Total 1,476,203.09 2,573,670.29 1,439,982.49 2,539,486.50
The company has issued a collateral of EUR 13,632.94 on behalf of iLOQ Sverige AB relating to the office lease of the subsidiary. In addition, the company has issued a guarantee of EUR 168,816.31 on behalf of iLOQ Sverige AB, a guarantee of EUR 102,839.12 on behalf of iLOQ Danmark ApS, and a guarantee of EUR 59,696,05 on behalf of iLOQ Norge AS. The guarantees relate to car leasing contracts. Additionally, the company has overdraft facilities of EUR 1,000,000, which have not been used during the financial years 1 January 2016 – 31 December 2016 and 1 January 2017 – 31 December 2017.
2017 2016 2017 2016
14. COLLATERALS ISSUED iLOQ Group iLOQ Group iLOQ Oy iLOQ Oy
Collaterals issued 3,800,000.00 3,800,000.00 3,800,000.00 3,800,000.00
Total 3,800,000.00 3,800,000.00 3,800,000.00 3,800,000.00