[31] Other provisions
Other provisions relate to the following items: > TABLE 082
|
Other provisions |
082 |
|||
|
in € million |
Provisions for product warranties |
Provisions for personnel |
Other obligations |
Total other provisions |
|
Balance as at 01/01/2014 |
53.8 |
66.4 |
68.0 |
188.2 |
|
thereof non-current |
53.5 |
18.1 |
6.3 |
77.8 |
|
thereof current |
0.4 |
48.3 |
61.6 |
110.3 |
|
Group changes |
–0.4 |
–1.5 |
–3.7 |
–5.5 |
|
Additions |
21.6 |
24.6 |
13.5 |
59.6 |
|
Utilisations |
–18.0 |
–23.7 |
–17.7 |
–59.4 |
|
Reversals |
–4.8 |
–2.1 |
–12.3 |
–19.1 |
|
Additions to accrued interest |
0.0 |
1.5 |
0.0 |
1.5 |
|
Currency translation adjustments |
1.1 |
0.2 |
1.5 |
2.8 |
|
Other adjustments |
–0.1 |
– |
0.1 |
–0.0 |
|
Balance as at 31/12/2014 |
53.3 |
65.5 |
49.3 |
168.1 |
|
thereof non-current |
53.3 |
24.1 |
6.3 |
83.7 |
|
thereof current |
– |
41.4 |
43.0 |
84.4 |
The provisions for product warranties include contractual and statutory obligations arising from the sale of industrial trucks and spare parts. It is expected that the bulk of the costs will be incurred within the next two years after the reporting date.
The provisions for personnel comprise provisions for partial retirement obligations, long-service awards, annual bonuses, severance pay, obligations under social plans and obligations under the employee equity programmes. The provisions for partial retirement obligations are recognised on the basis of individual contractual arrangements and agreements under collective bargaining law.
Other obligations comprise, among others, provisions for restructuring, litigation and expected losses from onerous contracts.
Total restructuring provisions (including obligations under social plans and termination benefits) came to €26.7 million as at 31 December 2014 (31 December 2013: €43.7 million).