25.Contingent Liabilities and Other Financial Commitments

Contingent liabilities

The following table presents warranty contracts as well as other contingent liabilities existing as of the reporting date:

Other financial commitments

The other financial commitments were as follows:

In cases where pension obligations allocable to the Covestro Group are funded through pension institutions used jointly with other companies (especially Bayer), it is generally contractually ensured that Covestro participates in funding measures that serve to guarantee adequate funding status and/or adequate solvency capital of these pension institutions for the long term. To this end, Covestro AG agreed to grant Bayer-Pensionskasse VVaG an interest-bearing loan of up to €208 million for the effective initial fund as required.