46. Contingent liabilities and other financial obligations

No provisions were formed for the following contingent liabilities because it was deemed highly unlikely that they would be utilised.

Contingent liabilities

in € thousand

 

31.12.2021

 

31.12.2020

Guarantees

 

31,034

 

34,830

Comfort letters

 

0

 

0

 

 

31,034

 

34,830

Within a one-year period from 31 December 2021, HHLA can make use of the existing guarantees up to a maximum amount of € 53,318 thousand.

The following other financial obligations existed on the reporting date:

Other financial obligations

in € thousand

 

31.12.2021

 

31.12.2020

Outstanding purchase commitments

 

128,274

 

125,009

Other

 

19,657

 

53,420

 

 

147,931

 

178,429

Of the obligations from outstanding purchase commitments, € 122,610 thousand (previous year: € 85,030 thousand) is attributable to in property, plant and equipment and € 3,074 thousand (previous year: € 3,425 thousand) is attributable to investments in intangible assets.

Investments

Payments for investments in property, plant and equipment, investment property and intangible assets.