9 Intangible assets
At the request of ComCom, the Federal Office of Communications (OFCOM) put all of the frequencies available for mobile communications up for auction. The auction took from 29 January to 7 February 2019. Swisscom secured 45% of the frequencies auctioned by all bidders for the fifth generation of mobile technology and for previous generations for CHF 196 million. The frequencies were allocated in April 2019 and will remain with Swisscom until 2034.
10 Provisions and contingent liabilities
Provisions
Provisions changed as follows in the first three months of 2019:
In CHF million |
Dismantlement and restoration costs |
Regulatory and competition law proceedings |
Termination benefits |
Other |
Total |
|||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at 31 December 2018 | 605 | 166 | 69 | 192 | 1,032 | |||||
| Additions of provisions | 3 | 26 | – | 2 | 31 | |||||
| Present-value adjustments | 29 | – | – | – | 29 | |||||
| Release of unused provisions | (3) | – | – | (1) | (4) | |||||
| Use of provisions | (1) | – | (10) | (10) | (21) | |||||
| Balance at 31 March 2019 | 633 | 192 | 59 | 183 | 1,067 | |||||
| Thereof current provisions | – | – | 50 | 67 | 117 | |||||
| Thereof non-current provisions | 633 | 192 | 9 | 116 | 950 |
Contingent liabilities for antitrust proceedings
With regard to the contingent liabilities reported in the 2018 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 31 March 2019.