Note 37 - Other debt and liabilities

Parent Bank   Group
31 Dec 14 31 Dec 15 Other debt and recognised liabilities (NOK million) 31 Dec 15 31 Dec 14
5 6 Creditors 39 33
74 46 Drawing debt 46 74
- 61 Debt from securities 145 -
32 - Deferred tax 21 45
363 420 Payable tax 459 398
10 13 Wealth tax 13 10
25 25 Pension liabilities 31 32
79 78 Provisions 78 79
66 70 Accruals 303 190
- - Equity instruments 394 -
191 150 Other 204 234
846 868 Total other debt and recognised liabilities 1,734 1,095
         
    Guarantee commitments (agreed guarantee amounts)    
671 969 Payment guarantees 969 671
1,391 1,219 Performance guarantees 1,219 1,391
2,614 4,004 Loan guarantees 4,004 2,614
160 80 Guarantees for taxes 80 160
99 159 Other guarantee commitments 160 99
4,936 6,431 Total guarantee commitments 6,432 4,936
         
    Other liabilities, not recognised    
9,685 15,706 Unutilised credits 15,858 9,685
1,230 1,513 Loan approvals (not discounted) 1,745 1,319
599 640 Unutilised guarantee commitments 640 626
192 102 Documentary credits 102 192
 -  - Other commitments 42 38
11,705 17,961 Total other commitments 18,387 11,859
         
17,486 25,260 Total commitments 26,553 17,890

 

 Cash deposit   Total  Securities pledged  Total   Cash deposit 
1,499 1,499 Securities pledged 31 Dec 15 1,528 1,528
1,628 1,628 Relevant liabilities 31 Dec 15 1,657 1,657
         
1,542 1,542 Securities pledged 31 Dec 14 1,542 1,542
1,592 1,592 Relevant liabilities 31 Dec 14 1,592 1,592

Ongoing lawsuits

The Group is not involved in legal disputes considered to be of substantial significance for the Group's financial position. No provision for loss has been made as of 31 December 2015.

SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt

As regards the Bank's liabilities related to SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt, see note 9 on derecognition of financial assets.

Operational leases

The company has entered a number of different lease agreements regarding premises, car park, alarm systems, IT systems and software. Most of the agreements include a lease extension option.

Lease costs comprised:

Parent Bank   Group
2014 2015 (NOK million) 2015 2014
92 95 Ordinary lease payments 69 62
25 27 Payment received from sub-lease 26 28
67 68 Total lease costs 44 34

Future minimum lease payments related to non-cancellable lease agreements fall due as follows:

  Parent Bank Group
Within 1 year 163 172
1-5 years 386 424
Above 5 years 449 460
Total 998 1,055

Financial results

Annual report and notes

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