ANNUAL REPORT 2013

FINANCIALS

24. Commitments


Operating lease obligations

EUR million 2013 2012
Payments next year 18.2 12.8
Payments between one and five years 32.9 25.6
Payments later 2.6 2.9
Total, Dec 31 53.8 41.3









Contingencies and pledged assets

EUR million 2013 2012
Guarantees as security for subsidiaries' commitments 13.9 12.2
Lease commitments 53.8 41.3
Other contingencies 2.8 1.8
Total pledged assets and contingencies, Dec 31 70.5 55.2









Litigation

Fiskars is involved in a number of legal actions, claims and other proceedings. The final outcome of these matters cannot be predicted. Taking into account all available information to date the outcome is not expected to have material impact on the financial position of the Group.