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13. Contingent Liabilities

Audited information

in CHF m


Outstanding liabilities 31.12.2020


Outstanding liabilities 31.12.2019

Outstanding liabilities as guarantees in favor of Group companies





Clariant Ltd belongs to the Swiss value-added tax (VAT) group of Clariant, and thus carries joint liability to the Swiss federal tax authority for value-added tax of the Swiss entities of that group.

In 2017 the European Commission (Antitrust) initiated an investigation on Clariant and some of its competitors active in the ethylene purchasing sector in some members states. One of Clariant Ltd’s subsidiaries set up a provision of CHF 231 million for this case in 2019. In 2020 the case was settled with a fine of CHF 166 million, which was paid in December 2020. The excess amount of the provision of CHF 55 million was reversed.