39. Contingent liabilities

The following table presents the value of liabilities granted and received by the Group.

Contingent commitments	31.12.2019	31.12.2018
Contingent commitments granted	31,087,503	28,688,905
financial commitments	24,293,205	21,893,903
guarantees	6,794,298	6,795,002
Contingent commitments received	21,443,112	18,164,389
financial commitments	12,127,379	12,384,011
guarantees	9,315,733	5,780,378

The amount of contingent liabilities granted as at 31 December 2019 equals PLN 14,049,630 thousand (as at 31 December 2018 PLN 9,572,734 thousand), while the amount of contingent liabilities received by the Group as at 31 December 2019 equals PLN 18,515,956 thousand (as at 31 December 2018 PLN 16,230,589 thousand).

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Annual report 2019

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39. Contingent liabilities

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