|
NOTE 25
|
SECURED BORROWINGS, GUARANTEES AND CONTINGENT LIABILITIES
|
||
|
Secured borrowings
|
|||
|
NOK 1 000
|
2012
|
2011
|
|
|
Loan facilities
|
1 418 637
|
3 218 120
|
|
|
Factoring
|
19 872
|
63 638
|
|
|
Total
|
1 438 509
|
32 817 586
|
|
|
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
|
2012
|
2011
|
|
|
Investment property
|
1 611 814
|
953 349
|
|
|
Other tangible assets
|
142 886
|
||
|
Inventories
|
213 678
|
||
|
Receivables
|
377 867
|
696 375
|
|
|
Total
|
2 346 245
|
1 649 724
|
|
|
Maximum exposure to the above assets
|
2 346 245
|
1 649 724
|
|
|
Issued guarantees
|
|
92 005
|
|
|
Guarantees and off-balance sheet liabilities
|
|||
|
NOK 1 000
|
2012
|
2011
|
|
|
Commited capital to fund investments
|
993 986
|
1 402 557
|
|
|
Commitment to provide loans
|
3 283
|
18 000
|
|
|
Guarantees without security
|
665 210
|
2 005
|
|
|
Clauses on minimum purchases in agreements with supplier
|
152 408
|
||
|
Other obligations*
|
82 044
|
575 050
|
|
|
Sum
|
1 896 931
|
1 997 611
|
|
|
*) Other obligations mainly concern repurchase commitments on sales of machines and investment obligations relating to developing investment property and the building of a manufacturing plant.
|
|||
|
Ferd AS has been sued by Amorin in connection with Ferd's former engagement in TiMar (Portugal). In 2013, Ferd agreed to a settlement involving an insignificant amount.
|
|||
© Copyright 2013 Ferd. All rights Reserved | Personvern
Design by Design Container AS | CMS by Snapper Net Solutions AS