Note 26 – Pledged assets and contingent liabilities

Pledged assets to credit institutions

Group Koncern 2020 2019
Liens on assets Företagsinteckningar 1,222 1,251
Property mortgages Fastighetsinteckningar
Shares in subsidiaries Aktier i dotterbolag
Total Summa 1,222 1,251
Parent Company Moderbolag 2020 2019
Promissory notes receivable Reversfordran 320 329
Shares in subsidiaries Aktier i dotterbolag
Total Summa 320 329

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 Koncern 2020 2019
Guarantees Garantier 5 6
Other items Övriga poster 1 7
Total Summa 6 13
Parent Company Moderbolag 2020 2019
Guarantee obligations for the benefit of subsidiaries Borgensförbindelser till förmån för dotterbolag 5 9
Total Summa 5 9

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. Please see Note 15 for further information about lease agreements.