2013 Registration document and annual financial report - page 259

Registration Document 2013
257
Financial Statemements
5
Consolidated Financial Statements And Notes
NOTE
33 PROVISIONS
Movements in long-term provisions between December 31, 2012 and December 31, 2013 can be analysed as follows:
(in millions of euros)
Dec. 2012*
Equity
impact Increases Utilizations
Reversals
of unused
provisions
Translation
adjustment
Reclassifications
and changes
in scope
Dec. 2013
Provisions for
pensions**
94
(1)
13
(4)
(19)
(1)
3
85
Provisions for loyalty
bonuses**
22
-
3
(2)
(1)
-
(3)
19
Provisions for claims
and litigation and
others contingencies
6
-
-
-
-
-
(1)
5
TOTAL LONG-TERM
PROVISIONS
122
(1)
16
(6)
(20)
(1)
(1)
109
* Adoption of the amendment to IAS 19 “Employee Benefits” from January 1, 2013 with retrospective application to the period presented led to the immediate recognition
in the opening statement of financial position at January 1, 2012 of all unrecognized past service costs.The effect of this change of method was a €9 million reduction in
provisions for pensions at December 31, 2012 (see note 1 page 15).
** See note 33.C.
Movements in short-term provisions between December 31, 2012 and December 31, 2013 can be analysed as follows:
(in millions of euros)
Dec. 2012 Increases Utilizations
Reversals
of unused
provisions
Translation
adjustment
Reclassifications
and changes in
scope
Dec. 2013
Tax provisions
38
12
(1)
(9)
(1)
(0)
39
Restructuring provisions
20
80
(16)
(2)
(1)
0
81
Provisions for claims
and litigation and others
contingencies
127
28
(19)
(11)
(4)
3
124
TOTAL SHORT-TERM
PROVISIONS
185
120
(36)
(22)
(6)
3
244
At December 31, 2013, ordinary provisions for claims and litigation
and others include:
ƒƒ
€36 million provisions for various claims;
ƒƒ
€10 million in provisions for various litigations;
ƒƒ
€10 million in provisions for performance bonds issued in
connection with real estate transactions;
ƒƒ
€9 million provision for employee-related claims;
ƒƒ
other provisions for unit amounts that are not material.
At December 31, 2012, ordinary provisions for claims and litigation
and others include:
ƒƒ
€34 million in provisions for various claims;
ƒƒ
€12 million in provisions for various litigations;
ƒƒ
€10million in provisions for performance bonds issued in connection
with real estate transactions;
ƒƒ
€8 million in provisions for employee-related claims;
ƒƒ
other provisions for unit amounts that are not material.
Restructuring provisions at December 31, 2013 include €42 million
in provisions for voluntary separation plans within the Group
(see note 2.E).
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