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20. Irrevocable facilities

These relate to the total liabilities in respect of irrevocable undertakings, which may lead to a further loan.

Other off-balance sheet liabilities

In addition to the contingent liabilities and irrevocable facilities reported on the balance sheet, the deposit guarantee scheme and the investor compensation scheme is applicable as stated in Article 3:259 of the Act on Financial Supervision.

Rental commitments

in thousands of EUR

Download XLS

Location

Amount per annum

Residual term

 

 

 

Zeist, The Netherlands

575

20 months

Zeist, The Netherlands

160

48 months

Brussels, Belgium

645

63 months

Bristol, United Kingdom

792

147 months

Edinburgh, United Kingdom

31

9 months

Barcelona, Spain

149

10 months

Bilbao, Spain

14

3 months

Gerona, Spain

18

61 months

Granada, Spain

40

22 months

La Coruna, Spain

15

3 months

Las Palmas, Spain

7

3 months

Madrid, Spain

460

22 months

Madrid, Spain

123

3 months

Madrid, Spain

19

19 months

Murcia, Spain

85

7 months

Oviedo, Spain

71

10 months

Palma de Mallorca, Spain

92

16 months

Pamplona, Spain

62

12 months

Santa Cruz de Tenerife, Spain

27

6 months

Sevilla, Spain

96

16 months

Valencia, Spain

16

3 months

Valladolid, Spain

22

3 months

Zaragoza, Spain

15

6 months

Frankfurt, Germany

267

10 months

 

 

 

Lease commitments

in thousands of EUR

Lease commitments relates prilarily to cars have been entered between 2 and 48 months with an annual charge of EUR 759.

Commitments for software use

in thousands of EUR

The following commitments have been entered for software use:

  • A fixed annual payment of EUR 28 regarding the maintenance of an e-mail management system.
  • For a period of at least 1 year a variable annual charge of approximately EUR 234 regarding the use of a banking system.

Other commitments

in thousands of EUR

The following commitments have been entered:

  • Services relating managing of mortgages for a period of at least 1 year with an annual charge of EUR 276.
  • Services relating payment transactions for a period of at least 5 years with an variable annual charge of approximately EUR 2,800.
  • Services relating protection of payment systems for a period of at least 2.5 years with an variable annual charge of approximately EUR 218.

In 2010 Triodos Bank signed a joint operating agreement with a real estate developer which was amended in 2011. The objective of this agreement is to build a new office building for Triodos Bank before the third quarter of 2016. At the end of 2011 Triodos Bank signed an agreement with a third party to purchase land before September 1, 2014. This purchase depends on meeting a number of specified conditions.