20 Contingent liabilities
Contingent liabilities amount to CHF 7 million (previous year: CHF 4 million) and include take-back obligations from leasing transactions with third parties in the amount of CHF 5 million (previous year: CHF 2 million), as well as guarantees and securities granted to third parties of CHF 2 million (previous year: CHF 2 million). This contrasts with the contingent assets amounting to CHF 5 million (previous year: CHF 1 million) arising from litigation.
