Flender/Flender Gear Units/Bevel-helical gear Reduction Boxes B2
n rate has been set at 1. It has been agreed that bonds may be redeemed at rate 1. Note

2 Long-term creditors Share of long-term debt falling due more than five yearsafter the end of the financial year: Mortgage

debt 1,8 1,8 7,0 8,8 Bank debt and other creditors 9,5 1,1 0 0 Note 2 Financial instruments number of

deals in exchange forward contracts have been agreed in order to cover exchange rate risks in connection withongoing projects. The

exchange forward contracts agreed as of 3 December 2 concern sale of exchange forwardcontracts to the value of DKK 1 million. As at 3 December 2, there are unrealised losses of DKK 4 million.Of this DKK 7 million is charged to the profit and loss account for 2 as loss. profit of DKK 3 million is not included the profit and loss account for 2 as this amount is related to projects in 2. 5Group Parent company DKK 0 3/1 2 3/1 1 3/1 2 3/1 1 Note 2 Rental and leasing obligations Future rental and leasing payments are distributed as follows:Within 1 year 3,7 2,7 9,1 0 1 years 7,7 4,9 2,5 0 After 5 years 6,3 0 0 0 1,7 7,6 3,7 0 Note 2 Mortgages and securities Real estate: Book value of mortgaged assets 1,4 1,8 1,8 1,7 Mortgages 1,0 1,0 8,0 9,0 As security for bank loans provided to Planta Elica Europa .., the company has posted security in the shares of the same company at net book value of DKK 1 million. Note 2 Contingent liabilities In connection with ongoing projects, the parent company has provided number of guarantees for the customers and subcontractors of the projects. In addition, performance and prepayment guarantees have been provided by third party. Guarantees and securities provided 4,2 1,1 4,2 1,1 Performance and prepayment guarantees from third party 6,5 5,1 6,7 4,2 In addition to the above-mentioned contingent liabilities, the parent company has in 1, in connection with Canadian project, posted security of DKK 5 million against the completion of the project. NEG Micon / has decided t