[38] Contingent liabilities and other financial commitments

Contingent liabilities

Contingent liabilities break down as follows:

Contingent liabilities

in € million

Dec. 31, 2022

Dec. 31, 2021

Guarantees and indemnities

126.2

129.5

The guarantees and indemnities predominantly relate to default guarantees for pension plans in the United Kingdom (further information can be found in note [29]).

Litigation

The legal risks arising from the KION Group’s operating business are typical of those faced by any company in this sector. The Group companies are a party in a number of pending lawsuits in various countries. The individual companies cannot assume with any degree of certainty that they will win any of the lawsuits or that the existing risk provision in the form of insurance or provisions will be sufficient in each individual case. However, the KION Group believes it is unlikely that these ongoing lawsuits will require funds to be utilized that exceed the provisions recognized.

Other financial commitments

Other financial commitments break down as follows:

Other financial commitments

in € million

Dec. 31, 2022

Dec. 31, 2021

Commitments under long-term license and support agreements

231.1

160.3

Capital expenditure commitments in fixed assets

117.0

79.1

Sundry other financial commitments

6.3

2.1

Total other financial commitments

354.4

241.4

Sundry other financial commitments included potential future payment obligations to related parties amounting to €2.1 million (December 31, 2021: €2.1 million).

Services