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Annual Report 2014 Report by the Board of Directors Notes Proposed distribution of earnings Auditor’s report 11-year review Quarterly info

Note 19 Assets pledged for liabilities to credit institutions

  Group
December 31,
Parent Company
December 31,
  2013 2014 2013 2014
Real-estate mortgages 63 35
Other 6 6
Total 69 41

The major part of real-estate mortgages is related to Brazil. In the process of finalizing the tax amounts to be paid, in some cases, buildings are pledged for estimated liabilities to the Brazilian tax authorities.