Contingent receivables and liabilities, and guarantee obligations
Contingent receivables (as of June 30, 2022: € 19 million; as of December 31, 2021: € 26 million; as of June 30, 2021: € 29 million) mainly comprised a recovery claim in connection with construction grants which have been provided but which had not been sufficiently determined as of the balance sheet date in terms of the specific amount and the time at which the claim would become due. Possible further public sector compensation payments in connection with the Covid-19 pandemic are not recognized in the contingent receivables, because – due to the lack of a legal basis – it is not possible to assess the time at which they occur, nor the extent to which they will occur.
As of the balance sheet date, no contingent receivables had been recognized for all injunction proceedings in view of the high level of uncertainty relating to refund claims, the timing of refunds and the likelihood of refunds.
The contingent liabilities were broken down as follows:
Negotiation and transfer of bills of exchange
Provisions of warranties
Other contingent liabilities
Other contingent liabilities also comprise risks arising from litigation which had not been stated as provisions because the expected probability of occurrence is less than 50%.
There are also contingencies of € 15 million from guarantees as of June 30, 2022 (as of December 31, 2021: € 18 million; as of June 30, 2021: € 17 million). As of June 30, 2022, property, plant and equipment with carrying amounts of € 4 million (as of December 31, 2021: € 5 million; as of June 30, 2021: € 22 million) were also used as security for loans. The reported figure essentially related to vehicles used at the operating companies in the DB Arriva segment.
DB Group acts as guarantor mainly for equity participations and working groups (Arbeitsgemeinschaften), and is subject to joint and several liability for all working groups in which it holds a stake.