Annual report 2016

NOTE 26
ASSETS PLEDGED AS SECURITY, GUARANTEES AND CONTINGENT LIABILITIES
 
     
Secured borrowings
   
NOK 1 000
2016
2015
Loan facilities
3 094 332
2 690 499
Factoring
58 988
76 824
Total
3 153 321
2 767 323
     
Loan facilities comprise various credit facilities in the Group, normally secured by receivables, inventories, tangible assets and investment property. Interest terms are floating interest rates.
     
Carrying amounts of pledged assets
   
NOK 1 000
2016
2015
Investment property
2 140 254
1 673 006
Other tangible assets
512 790
505 030
Inventories
571 392
1 214 351
Receivables
891 626
946 674
Other assets
143 328
136 111
Total
4 259 389
4 475 171
     
Maximum exposure to the above assets
4 259 389
4 475 171
     
Guarantees and off-balance sheet liabilities
   
NOK 1 000
2016
2015
Committed capital to fund investments
962 303
739 426
Committed equity contributions to company investments
175 000
343 500
Guarantees without security
178 864
997 844
Clauses on minimum purchases in agreements with suppliers
271 953
242 821
Other obligations 1)
417 548
526 349
Total
2 005 667
2 849 940
     
1) Other obligations mainly concern repurchase commitments on sales of machines and investment obligations relating to developing investment property and the building of manufacturing plants.

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