44. Contingent liabilities

€ million

 

30/9/2016

 

30/9/2017

Liabilities from suretyships and guarantees

 

17

 

11

Liabilities from guarantee and warranty contracts

 

52

 

18

 

 

69

 

28

Liabilities from guarantee and warranty contracts are primarily rent guarantees with terms of up to 10 years if utilisation is not considered entirely unlikely. The main reason for the decline is lower obligations from rent guarantees due to reduced rental periods and the termination of leases.