23. Contingent liabilities

 

 

03/31/2020

 

03/31/2021

 

 

 

 

 

Liabilities from the issue and transfer of bills of exchange

 

0.8

 

0.0

Surety bonds and guarantees

 

0.5

 

0.8

 

 

1.3

 

0.8

 

 

 

 

 

In millions of euros

Concerning the Austrian energy tax rebate, the decision of the ECJ dated November 14, 2019 (ECJ 11/14/2019, docket no. C-585/17, Dilly’s Wellnesshotel II) establishes that the limitation to manu­facturing companies imposed by the BBG 2011 was compliant to European Union law. In its sub­sequent ruling dated December 18, 2019 (docket no. Ro 2016/15/0041), the Austrian Higher Administrative Court followed the ECJ’s holding. The voestalpine Group did not incur any adverse effects from the Higher Administrative Court’s ruling, which concludes the case.