Other provisions relate to the following items:
Other provisions |
Provisions for product warranties |
Provisions for personnel |
Other obligations |
Total other provisions |
(€ thousand) |
|
|
|
|
|
|
|
|
|
Balance as at 1/1/2010 |
55,185 |
156,369 |
56,238 |
267,792 |
thereof non-current |
54,485 |
104,978 |
22,186 |
181,649 |
thereof current |
700 |
51,391 |
34,052 |
86,143 |
Changes in group of consolidated entities |
0 |
226 |
180 |
406 |
Additions |
31,635 |
15,754 |
34,561 |
81,950 |
Utilisations |
-24,680 |
-44,458 |
-14,898 |
-84,036 |
Reversals |
-2,499 |
-1,204 |
-8,151 |
-11,854 |
Additions to accrued interest |
0 |
3,516 |
530 |
4,046 |
Exchange differences |
814 |
385 |
698 |
1,897 |
Other Adjustments |
0 |
3,305 |
-3,305 |
0 |
Balance as at 12/31/2010 |
60,455 |
133,893 |
65,853 |
260,201 |
thereof non-current |
60,455 |
94,750 |
9,094 |
164,299 |
thereof current |
0 |
39,143 |
56,759 |
95,902 |
The provisions for product warranties include contractual and statutory obligations arising from the sale of industrial trucks and spare parts.
The provisions for personnel comprise provisions for partial retirement obligations, long-service awards, annual bonuses and severance pay. The provision for partial retirement obligations is recognised on the basis of individual contractual arrangements.
Other obligations largely relates to provisions for guarantees, restructuring and litigation.
