2nd Interim Report 2018
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- Annual Report 2018
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8 Provisions and contingent liabilities
In CHF million |
Dismantlement and restoration costs |
Regulatory and competition law proceedings |
Termination benefits |
Other |
Total |
|||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at 31 December 2017 | 600 | 156 | 112 | 209 | 1,077 | |||||
| Additions of provisions | 2 | 1 | – | 20 | 23 | |||||
| Present-value adjustments | (12) | – | – | – | (12) | |||||
| Release of unused provisions | (4) | – | – | (16) | (20) | |||||
| Use of provisions | (1) | – | (17) | (14) | (32) | |||||
| Balance at 30 June 2018 | 585 | 157 | 95 | 199 | 1,036 | |||||
| Thereof current provisions | – | 2 | 85 | 73 | 160 | |||||
| Thereof non-current provisions | 585 | 155 | 10 | 126 | 876 |
The provisions recognised in the consolidated financial statements 2017 have not changed materially during the current financial year.
Contingent liabilities for antitrust proceedings
With regard to the contingent liabilities reported in the 2017 consolidated financial statements in connection with antitrust proceedings, Swisscom is of the opinion that an outflow of resources is unlikely and, as before, has therefore not recognised any provisions for this in the consolidated financial statements as at 30 June 2018.