Precision Global ApS

The Entity serves as the administration company in a Danish joint taxation arrangement. According to the joint ​taxation provisions of the Danish Corporation Tax Act, the Entity is therefore liable for income taxes etc. for the ​jointly taxed entities, and also for obligations, if any, relating to the withholding of tax on interest, royalties and ​dividends for these entities.​​Precision Global ApS has issued letters of support to certain subsidiaries.

14 Assets charged and collateral

Collateral provided for group enterprises​The company's bank connection, Danske Bank, has a corporate mortgage in the company amounting to 50.0 mdkk. The bank has security in simple claims, stock, operating assets and intangible rights, which has an accounting value of 100.823 mdkk.​​Apart from that the Company has issued statements of deposits for some of its subsidiaries.