[36] Contingent liabilities and other financial commitments
Contingent liabilities
The marked increase in guarantees was predominantly attributable to the inclusion of Dematic in the consolidation. In addition, guarantees of €1.9 million related to contingent liabilities assumed jointly with another shareholder of a joint venture (31 December 2015: €2.5 million). > TABLE 096
Contingent liabilities |
096 |
|
in € million |
2016 |
2015 |
Liabilities on bills of exchange |
4.3 |
6.8 |
Liabilities on guarantees |
86.2 |
23.5 |
Total contingent liabilities |
90.5 |
30.3 |