3.3 Contingent liabilities
CHF million | 31.3.2025 | 31.3.2024 | ||
Letters of comfort given on behalf of Group companies | 0.0 | 9.4 | ||
Guarantees given in respect of rental obligations of Group companies | 1.7 | 2.4 |
The Swiss Sonova entities form a VAT group and, hence, every company participating in the group is jointly and severally liable for VAT debt of other group participants. Further Sonova Group companies participating in the cash pool are jointly and severally liable for any debit position or outstanding overdraft in connection with them.