16   Capital commitments, contingent liabilities and legal disputes

The capital commitments relate to contractual agreements for the acquisition of development real estate.

There are no guarantees or sureties in favour of third parties that are not in connection with financing recognised in the balance sheet. Beyond this, in the individual financial statement, Allreal Holding AG has issued guarantees and sureties amounting to an additional CHF 802.5 million in connection with financings and derivative financial transactions on behalf of individual subsidiaries (31.12.2012: CHF 781.5 million).

As at 30 June 2013, there are no pending legal disputes of a nature liable to have a significant impact on the asset and income situation of the Allreal Group for which no corresponding provisions are in place.