3rd Interim Report 2017
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6 Provisions
In CHF million |
Dismantlement and restoration costs |
Regulatory and ComCo proceedings |
Other |
Total |
||||
---|---|---|---|---|---|---|---|---|
Balance at 31 December 2016 | 542 | 150 | 270 | 962 | ||||
Additions | 3 | 2 | 34 | 39 | ||||
Present-value adjustments | (6) | 2 | – | (4) | ||||
Release of unused provisions | (8) | (1) | (18) | (27) | ||||
Use of provisions | (1) | – | (57) | (58) | ||||
Foreign currency translation adjustments | – | – | 1 | 1 | ||||
Balance at 30 September 2017 | 530 | 153 | 230 | 913 | ||||
Thereof current provisions | – | 20 | 129 | 149 | ||||
Thereof non-current provisions | 530 | 133 | 101 | 764 |
Provisions for dismantling and restoration costs
The provisions for dismantling and restoration costs recognised in the 2016 consolidated financial statements have not changed materially during the current financial year.
Provisions for regulatory and competition-law proceedings
The provisions for regulatory and competition-law proceedings recognised in the 2016 consolidated financial statements have not changed materially during the current financial year.
Other provisions
Other provisions mainly include provisions for workforce reductions and environmental, contractual and tax risks. The other provisions recognised in the 2016 consolidated financial statements have not changed materially during the current financial year.