Note 26 – Pledged assets and contingent liabilities

Pledged assets to credit institutions
Group	2015	2014
Liens on assets	1,087	640
Property mortgages	38	59
Accounts receivable	–	38
Shares in subsidiaries	924	1,005
	2,049	1,742
Parent Company	2015	2014
Promissory notes receivable	300	309
Shares in subsidiaries	856	1,013
	1,156	1,322

Financial assets pledged as collateral

The Parent Company has promissory notes receivable from BE Group Sverige AB and BE Group Oy Ab pledged as collateral for external loan agreements. The carrying amount is equal to the amount reported as pledged collateral. Please see Note 31 Financial risk management with regard to significant terms and conditions of external loan agreements.

Contingent liabilities
Group	2015	2014
Guarantees	13	24
Other items	8	9
	21	33
Parent Company	2015	2014
Guarantee obligations for the benefit of subsidiaries	46	75
	46	75

The Parent Company provides a joint and several guarantee covering subsidiaries’ payment of receivables to materials suppliers. In addition to these reported commitments, the Parent Company has also provided customary guarantees for subsidiaries’ obligations to pay rent to property owners.