Mercedes 2012 Annual Report Download - page 108

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3 | Management Report | Financial Position
Other risks arise from an additional guarantee that the Group
provided for obligations of Toll Collect GmbH to the Federal
Republic of Germany. This guarantee is related to the completion
and operation of the toll-collection system. A claim on this
guarantee could primarily arise if for technical reasons toll reve-
nue is lost or if certain contractually defined parameters
are not fulfilled, if the Federal Republic of Germany makes
additional claims or if the final operating permit is not granted.
Furthermore, arbitration proceedings have been initiated
against the Group. The maximum obligation that could result
from this guarantee is substantial, but cannot be reliably
estimated.
Furthermore, the Group has issued a number of smaller
guarantees, some of which specify that Daimler guarantees
the financial obligations of companies which supply us
with parts, vehicle components or services, or which lease
production facilities to us.
Buyback obligations arise for the Group from agreements
under which we guarantee to customers certain trade-in
or resale values for sold vehicles. Most of these guarantees
provide the holder with the right to return purchased
vehicles to the Group if the customer acquires another vehicle
from Daimler. At December 31, 2012, the maximum potential
obligation from these guarantees amounted to €0.8 billion
(December 31, 2011: €0.7 billion); provisions recognized in
this context amounted to €115 million at December 31, 2012
(December 31, 2011: €44 million).
Further information on other financial commitments and
contingent liabilities from guarantees granted as well as on the
electronic toll-collection system and related risks is provided
in E Note 29 (Guarantees and other financial commitments)
and E Note 28 (Legal proceedings) of the Notes to the
Consolidated Financial Statements.
3.40
Other financial commitments
Payments falling due:
Total
within
1 year
in
1-3 years
in
4-5 years
after
5 years
In millions of euros
Purchasing agreements, investments in property, plant and equipment
and other agreements 10,159 7,290 1,869 700 300
Future lease payments under rental and leasing agreements 2,139 360 575 437 767
Irrevocable loan commitments 1,022 672 176 174 -