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22. Contingent liabilities

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03/31/2012

 

03/31/2013

 

 

 

 

 

Obligations from bills payable

 

3.1

 

3.7

Surety bonds and guarantees

 

11.4

 

2.9

 

 

14.5

 

6.6

 

 

 

 

 

 

 

In millions of euros

The German Federal Cartel Office (Bundeskartellamt) inspected the business premises of the sales organization voestalpine Deutschland GmbH in Munich on February 28, 2013, due to an anonymous tip. The building was searched as a result of the charge of participation in systematic, anti-competitive agreements lasting more than several years with respect to the supply of strip steel and semi-finished goods to the German automobile industry. After the building was searched, an internal inspection of the company was conducted. To date no evidence has been found at voestalpine that confirms Federal Cartel Office’s charges. Therefore, these charges are not taken into account in these annual financial statements.

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