Note 38 Pledged assets, contingent liabilities and contingent assets
Pledged assets
| Group | Parent company | ||||
| MSEK | 2019 | 2018 | 2019 | 2018 | |
| Koncernen | Moderbolaget | ||||
| Mkr | 2019 | 2018 | 2019 | 2018 | |
| For own liabilities and provisions | För egna skulder och avsättningar | ||||
| Real estate mortgages 1) | Fastighetsinteckningar 1) | 3,109 | 1,730 | ||
| Assets with retention of title | Tillgångar med äganderättsförbehåll | 1,266 | 1,254 | ||
| Other | Övrigt | 52 | 51 | ||
| Total | Summa | 4,427 | 3,035 | – | – |
1) Pledged assets of which SEK 576 million (308) are recognized as fixed assets and SEK 2,533 million (1,422) as current assets.
Contingent liabilities
| Group | Parent company | ||||
| MSEK | 2019 | 2018 | 2019 | 2018 | |
| Koncernen | Moderbolaget | ||||
| Mkr | 2019 | 2018 | 2019 | 2018 | |
| Shared obligations as partial owners in limited partnerships | Solidariskt ansvar som delägare i handels- och kommanditbolag | 96 | 102 | – | – |
| Surety and contract guarantees for Group companies | Borgen och entreprenadgarantier för koncernföretag | – | – | 13,809 | 13,059 |
| Surety for the benefit of joint arrangements | Borgensförbindelser till förmån för samarbetsarrangemang | 2,914 | 2,722 | 2,914 | 2,722 |
| Surety for construction loans to tenant-owned associations 1) | Borgensförbindelser för kreditiv i bostadsrättsföreningar 1) | 6,207 | 7,580 | 6,207 | 7,580 |
| Other surety | Övriga borgensförbindelser | – | – | – | – |
| Total | Summa | 9,217 | 10,404 | 22,930 | 23,361 |
1) For more information concerning guaranties and sureties to tenant-owned associations see note 3.
In most of the tenant-owned associations Peab develops, Peab AB signs guarantees as surety for paid advances and down payments. These 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 null and void. Those guarantees or equivalent insurance from an external insurer has never been used and Peab considers it highly unlikely that this will occur in the future. The guarantees are therefore not reported as contingent liabilities.