Collateral and contingent liabilities

M€	30 Sept 2016	30 Sept 2015	31 Dec 2015
Loans covered by pledges on property
and shares as a collateral	1,796.9	1,823.2	1,849.7
Mortgages	2,175.8	2,501.9	2,551.5
Shares*)	357.5	213.6	213.6
Pledged collaterals total	2,533.3	2,715.5	2,765.1

Other collaterals given

Pledges given	5.8	12.9	12.8
Guarantees given*)	499.7	367.3	433.3
Other collaterals total	505.5	380.30	446.1

Other liabilities

M€	30 Sept 2016	30 Sept 2015	31 Dec 2015
New construction	338.2	247.9	253.9
Renovation	20.0	20.8	22.5
Total	358.2	268.7	276.4

*) Pledged mortgages and shares relate in some cases to same properties.
**) Guarantees given mainly relate to parent company guarantees given on behalf of Group companies' loans, and these loans are also given mortgages as collaterals.