[37] Contingent liabilities and other financial commitments

Contingent liabilities

The contingent liabilities include guarantees and indemnities to external parties. In addition, guarantees and indemnities of €2.3 million related to contingent liabilities assumed jointly with another shareholder of a joint venture (2018: €2.3 million). > TABLE 097

Contingent liabilities097

in € million

2019

2018

Guarantees and indemnities

114.9

89.5

Litigation

The legal risks arising from the KION Group’s business are typical of those faced by any company operating in this sector. The Group companies are a party in a number of pending lawsuits in various countries. The individual companies cannot assume with any degree of certainty that they will win any of the lawsuits or that the existing risk provision in the form of insurance or provisions will be sufficient in each individual case. However, the KION Group believes it is unlikely that these ongoing lawsuits will require funds to be utilised that exceed the provisions recognised.

Other financial commitments

Sundry other financial commitments included future payment obligations to an associate amounting to €1.3 million (2018: €1.3 million). > TABLE 098

Other financial commitments098

in € million

2019

2018

Commitments under long-term licence and support agreements

121.1

99.7

Capital expenditure commitments in fixed assets

66.8

59.0

Sundry other financial commitments

1.5

1.3

Total other financial commitments

189.4

160.0