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8 Other current liabilities - Annual Report 2015 - DSM

8 Other current liabilities

Table 1

 
2015
2014
     
Owing to subsidiaries
1,840
2,201
Other liabilities
84
49
Deferred items
1
5
     
Total
1,925
2,255
Contingent liabilities

Guarantee obligations on behalf of affiliated companies and third parties amounted to €190 million (31 December 2014: €160 million). Koninklijke DSM N.V. has declared in writing that it accepts several liabilities for debts arising from acts in law of a number of consolidated companies (including relating to the fiscal unity for income tax and VAT). These debts are included in the consolidated balance sheet.