Contingencies

This section provides additional information and explains recent changes in the contingent liabilities and assets as described in the consolidated financial statements for the 2021 financial year.

Proceedings against T‑Mobile US as a consequence of the cyberattack on T‑Mobile US. As reported in the combined management report of the 2021 Annual Report, consumer class actions were filed against T‑Mobile US and a derivative action was filed against the members of the Board of Directors of T‑Mobile US as a result of the cyberattack. The derivative action filed against the members of the Board of Directors of T‑Mobile US has since been withdrawn by the plaintiff.

Claims for damages against Slovak Telekom following a European Commission decision to impose fines. As reported in the combined management report of the 2021 Annual Report, following the decision of the European Commission, competitors filed damage actions against Slovak Telekom with the civil court in Bratislava. A further claim was filed with the court in the reporting period, such that there are now three claims pending, amounting to a total of EUR 219 million plus interest. It is currently not possible to estimate the financial impact with sufficient certainty.

Compensation in connection with the catastrophic flooding in July 2021. There are contingent assets of EUR 0.1 billion in connection with damage sustained in the catastrophic flooding in North Rhine-Westphalia and Rhineland-Palatinate in July 2021.