Notes to the parent company's financial statements (FAS)

20. CONTINGENT LIABILITIES    
     
EUR 1 000 31 Dec 2014 31 Dec 2013
For Tieto's obligations    
Pledges - -
On behalf of Group companies    
Guarantees 36 226 49 675
On behalf of joint ventures - -
On behalf of other companies    
Guarantees - -
Other Tieto obligations    
Rent commitments due in 2015 (2014) 19 029 24 502
Rent commitments due later 41 622 58 839
Lease commitments due in 2015 (2014) 357 294
Lease commitments due later 462 318
     
Lease commitments are principally three-year lease agreements that do not include buyout clauses. The parent company's lease commitments include finance lease agreements that on a consolidated basis are capitalised as fixed assets.
     
In addition to the above mentioned contingent liabilities, the Parent company has provided security relating to certain major contracts, regarding IPR indemnity clauses. The maximum amount of these liabilities does not exceed EUR 220 million.