Sureties, subordinated claims and guarantee obligations to the benefit of third parties/related parties
| in CHF 000 | 2021 | 2020 | ||
|---|---|---|---|---|
| Sureties and subordinated claims to the benefit of related parties | 1 175 | 650 | ||
| Sureties and subordinated claims to the benefit of third parties | 2 783 | 1 493 | ||
| Guarantee obligations to the benefit of third parties | 12 180 | 653 | ||
| Total | 16 138 | 2 796 |
As of the balance sheet date, there are sureties, subordinated claims and guarantee obligations to the benefit of related parties and third parties totalling CHF 16.1 million (previous year CHF 2.8 million). Guarantee obligations to the benefit of third parties have increased as a result in particular of numerous new contracts in the area of out-of-home advertising. There are no further sureties, subordinated claims or guarantee obligations.