Annual Report 2015

29. Provisions

 

2015

         

EUR million

Restructuring

provision

Provision

for damage

Onerous contracts

Other

Total

Carrying amount on 1 Jan

13.7

1.6

0.0

3.3

18.6

Translation difference

       

0.0

Increase in provisions

7.3

 

9.8

0.6

17.7

Used provisions

-1.1

-1.6

 

-1.3

-4.0

Unused amounts reversed

-5.1

     

-5.1

Carrying amount on 31 Dec

14.8

0.0

9.8

2.6

27.3

           

2014

         

EUR million

Restructuring

provision

Provision

for damage

Onerous contracts

Other

Total

Carrying amount on 1 Jan

12.6

14.4

0.0

0.7

27.8

Translation difference

 

-5.4

   

-5.4

Increase in provisions

6.4

   

2.7

9.0

Used provisions

-2.7

-7.5

 

-0.1

-10.3

Unused amounts reversed

-2.6

     

-2.6

Carrying amount on 31 Dec

13.7

1.6

0.0

3.3

18.6

           
           

EUR million

     

2015

2014

Long-term provisions

     

17.0

12.6

Short-term provisions

     

10.2

6.0

Total

     

27.3

18.6

           

Restructuring provisions are primarily related to the statutory labor negotiations conducted during 2009–2011 and 2013–2015. A significant portion of the long-term personnel expense provisions in the Group's Finnish companies is the employer's liability component within the unemployment insurance contribution towards the Unemployment Insurance Fund. Provisions for onerous contracts relate to Russian real-estate leases and customer agreements.