The bank guarantees are as follows:
|
|
2025 |
|
2024 |
|---|---|---|---|---|
Guarantees for Tax Authorities |
|
38,785 |
|
44,965 |
Financing guarantees |
|
377,770 |
|
374,258 |
Other guarantees provided |
|
1,795 |
|
1,788 |
Total |
|
418,350 |
|
421,011 |
The financing guarantees relates to financial loans obtained by the subsidiary Jerónimo Martins Colombia, S.A.S.. These guarantees will be released following the respective loans’ reimbursement.
JMH also guarantees the fulfilment of some financial obligations of Group’s subsidiaries, with this commitment amounting to €631,839 thousand as of 31 December 2025 (2024: €548,178 thousand), related to liabilities recognized in the Balance Sheet of the respective subsidiaries.