Note 39 Pledged assets, contingent liabilities and contingent assets
Pledged assets
| Group | Parent company | ||||
| MSEK | 2020 | 2019 | 2020 | 2019 | |
| Koncernen | Moderbolaget | ||||
| Mkr | 2020 | 2019 | 2020 | 2019 | |
| For own liabilities and provisions | För egna skulder och avsättningar | ||||
| Real estate mortgages 1) | Fastighetsinteckningar 1) | 2,168 | 3,109 | ||
| Real estate mortgages in Swedish tenant-owner associations | Fastighetsinteckningar i svenska bostadsrättsföreningar | 831 | 1,132 | ||
| Assets with retention of title 2) | Tillgångar med äganderättsförbehåll 2) | 1,330 | 1,266 | ||
| Other | Övrigt | 50 | 52 | ||
| Total | Summa | 4,379 | 5,559 | – | – |
2) Includes leasing assets of SEK 722 million (670) with retention of title, primarily vehicles.
Contingent liabilities
| Group | Parent company | ||||
| MSEK | 2020 | 2019 | 2020 | 2019 | |
| Koncernen | Moderbolaget | ||||
| Mkr | 2020 | 2019 | 2020 | 2019 | |
| Shared obligations as partial owners in limited partnerships | Solidariskt ansvar som delägare i handels- och kommanditbolag | 61 | 96 | – | – |
| Surety and contract guarantees for Group companies | Borgen och entreprenadgarantier för koncernföretag | – | – | 13,551 | 13,809 |
| Surety for the benefit of joint arrangements | Borgensförbindelser till förmån för samarbetsarrangemang | 3,104 | 2,914 | 3,129 | 2,914 |
| Surety for construction loans to tenant-owner associations | Borgensförbindelser för kreditiv i bostadsrättsföreningar | 238 | 433 | 4,310 | 6,207 |
| Other surety | Övriga borgensförbindelser | 97 | – | 97 | – |
| Total | Summa | 3,500 | 3,443 | 21,087 | 22,930 |
As a consequence of Peab consolidating Swedish tenant-owner associations per January 1, 2020 according to IFRS, surety for tenant-owner associations under production is not reported. When homebuyers take possession of their apartments and the tenant-owner association is no longer consolidated in Peab’s accounts, Peab then reports the part of surety for unsold homes. Peab has a guarantee obligation to acquire unsold homes six months after completion.
In most of the tenant-owner 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. Guarantees or equivalent insurance from an external insurer have 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.