15 Guarantees and commitments

EUR 1,000 31 Dec 2014 31 Dec 2013
Guarantees

On behalf of group companies 407,697 438,185
On behalf of associates and joint ventures 14,356 17,356
On behalf of consortiums and real estate companies 1,831 1,831

423,884 457,371
In addition, Lemminkäinen Corporation has set one guarantee without maximum amount on behalf of its subsidiary.




Lease liabilities

Payable next year 4,888 7,906
Payable in subsequent years 24,579 19,127

29,468 27,034



Derivative contracts

Forward foreign exchange contracts


Nominal value 77,179 113,435

Fair value 5,710 852



Interest rate swap contracts


Nominal value 40,000 45,751

Fair value -1,045 41

 
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