Annual Report 2009 - Von Roll

82 Financial Reporting 2009 – Consolidated Financial Statements35.| Contingent liabilities and commitmentsin CHF 1,000 2009 2008Guarantees 18,557 35,818Warranty obligations – 750Other non-recorded possible liabilities 5,847 22,326Total 24,404 58,894The decrease by CHF 34.5 million compared with 31 December 2008, can primarily be attributed to the declinein Von Roll’s traditional project business (CHF 16.5 million), the return of the final bank guarantee for the purchaseof the Shenzhen Mica Group (CHF 4.3 million) and the non-renewal of guarantees that expired in 2009 (CHF 14.1million).Von Roll Holding AG has issued letters of comfort to various subsidiaries for existing bank loans. None of these loanswas drawn down on 31 December 2009.36.| Purchase commitmentsin CHF 1,000 2009 2008For property, plant and equipment 2,311 6,001For intangible assets 25 –Minimum purchase commitments for goods 12,437 39,951Other non-recorded commitments 708 1,033Total 15,481 46,985The minimum purchase commitments for goods relate primarily to the purchase of copper commodities. Any excesscommitments may be traded on an active market. Von Roll has no further financial or contractual commitments fortangible and intangible assets.