10 Contingent liabilities

Guarantee obligations on behalf of affiliated companies and third parties amounted to €502 million (31 December 2018: €462 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.

Notes

  1. Summary of the accounting policies
  2. Intangible assets
  3. Property, plant and equipment
  4. Financial assets
  5. Deferred tax assets
  6. Receivables
  7. Shareholders' equity
  1. Borrowings
  2. Other current liabilities
  3. Contingent liabilities
  4. Personnel
  5. Financial income and expense
  6. Remuneration of Managing Board and Supervisory Board