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This chapter is covered by the Auditors' Report.

C24 Contingent Liabilities

2008 2007
Contingent liabilities 1,080 1,182
Total 1,080 1,182

Contingent liabilities assumed by Ericsson include guarantees of loans to other companies of SEK 72 (73) million. Ericsson has SEK 568 (492) million issued to guarantee the performance of a third party. All ongoing legal and tax proceedings have been evaluated, their potential economic outflows and probability estimated and necessary provisions made.