Moncler Group | Annual Report 2024 Consolidated Financial Statements 390  | 

8. Contingent liabilities

As the Group operates globally, it is subject to legal and tax risks

which may arise during the performance of its ordinary

activities. Based on information available to date, the Group

believes that at the date of preparation of this document

there are no further potential liabilities in addition to those

already recorded in the provisions accrued in the Consolidated

Financial Statements.

7. Commitments and guarantees given

7.1 Commitments

The Group does not have signif icant commitments arising

from operating lease contract or other contractual cases

that do not fall within the scope of IFRS 16.

7.2 Guarantees given

As at 31 December 2024 the Group had given

the following guarantees:

Guarantees pertain mainly to lease agreements for the stores.

GUARANTEES AND BAILS GIVEN

EUR/000 31 December 2024 31 December 2023

Guarantees and bails given for the benef it of:

Third parties/companies 62,284 56,615

TOTAL GUARANTEES AND BAILS GIVEN 62,284 56,615

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