Note 38 Pledged assets, contingent liabilities and contingent assets

Pledged assets

  Group Parent company
MSEK 2016 2015 2016 2015
For own liabilities and provisions
   Real estate mortgages 1)  1,037 804
   Assets with attached lines  1,576 1,335
   Other  153 49
Other pledged assets and guarantees
   Real estate mortgages 2)  3 3
   Floating charges  8 8
Total pledged assets  2,777 2,199

1) Pledged assets recognized as current assets.
2) Pledged assets recognized as fixed assets.

Contingent liabilities

  Group Parent company
MSEK 2016 2015 2016 2015
Shared obligations as partial owners in limited partnerships  72 35  –
Guarantees and contracting guarantees for Group companies  –  11,020 11,733
Guarantee liabilities for the benefit of joint arrangements  2,267 2,188  2,267 2,188
Obligations to tenant-owner associations under construction  4,498 3,778  4,498 3,778
Other guarantees and contingent liabilities  138 139  138 139
Total  6,975 6,140  17,923 17,838

In most of the tenant owner associations Peab develops, Peab AB signs guarantees as security for paid advances and down payments. Those guarantees ensure the tenant-owner’s right to repayment of a down payment if the tenant-owner makes a cancellation because of a substantial rise in fees during the first year after the annual meeting where the final cost of the project is presented. After that the guarantee is noll and void. Those guarantees or equivalent insurance from an external insurer has never been used and Peab does not believe this will happen in the future either. The guarantees are therefore not reported as contingent liabilities.