36. Contingent liabilities and other financial commitments
Contingent liabilities
As at December 31, 2025, there were contingent liabilities in connection with guarantees and other declarations of liability amounting to €105.5 million (December 31, 2024: €161.7 million). Of this total, €76.3 million related to guarantees for down payments, contract performance, and warranty obligations (December 31, 2024: €131.3 million). These guarantees had been issued by banks, predominantly in connection with the project business of the Supply Chain Solutions segment.
Furthermore, the KION Group faces legal and regulatory risks from its operating business that can lead to claims being brought against it by public authorities or to claims under civil law. As at the reporting date, the KION Group was aware of circumstances that may give rise to possible obligations. The Group companies are also a party in a number of pending proceedings 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 it will be required to utilize funds exceeding the provisions recognized.