Contingent liabilities and other financial commitments

As at June 30, 2025, contingent liabilities included guarantees and indemnities of €126.3 million (December 31, 2024: €161.7 million). Of the total amount of guarantees and indemnities, €97.9 million related to guarantees predominantly for down payments, contract performance, and warranty obligations (December 31, 2024: €131.3 million). These guarantees had been issued by banks in connection with the project business of the Supply Chain Solutions segment.

The other financial commitments totaling €298.5 million (December 31, 2024: €272.2 million) included purchase commitments of €227.7 million under long-term license and support agreements (December 31, 2024: €230.3 million), commitments of €63.7 million for capital expenditure on non-current assets (December 31, 2024: €36.6 million), and sundry other financial commitments of €7.1 million (December 31, 2024: €5.3 million).