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Batenburg


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Commitments and contingent liabilities   

Guaranties issued by bankers amount to € 2.3 million (2007: € 2.5 million). At 31 December 2008 no currency swaps were used.

Batenburg Beheer N.V. has been granted a corporate credit arrangement in which it is severally liable for the credit lines used by it's subsidiaries. Some subsidiaries have granted guarantees for possible bank overdrafts. These guarantees are not material for Batenburg Beheer N.V.

 

Obligations concerning rental agreements and operational lease contracts (buildings and cars)

2008

2007

< 1 year

2,776

2,452

1 - 5 years

4,887

4,657

> 5 years

1,024

1,229

Total

8,687

8,338