10 Provisions and contingent liabilities
Provisions
Provisions changed as follows in the first nine months of 2019:
In CHF million |
Dismantlement and restoration costs |
Regulatory and competition law proceedings |
Termination benefits |
Others |
Total |
|||||
---|---|---|---|---|---|---|---|---|---|---|
In CHF millionBalance at 31 December 2018 |
Dismantlement and restoration costs615 |
Regulatory and competition law proceedings166 |
Termination benefits69 |
Others182 |
Total1,032 |
|||||
In CHF millionAdditions to provisions |
Dismantlement and restoration costs5 |
Regulatory and competition law proceedings30 |
Termination benefits– |
Others28 |
Total63 |
|||||
In CHF millionPresent-value adjustments |
Dismantlement and restoration costs98 |
Regulatory and competition law proceedings7 |
Termination benefits– |
Others– |
Total105 |
|||||
In CHF millionRelease of unused provisions |
Dismantlement and restoration costs(22) |
Regulatory and competition law proceedings– |
Termination benefits(4) |
Others(8) |
Total(34) |
|||||
In CHF millionUse of provisions |
Dismantlement and restoration costs(4) |
Regulatory and competition law proceedings– |
Termination benefits(26) |
Others(22) |
Total(52) |
|||||
In CHF millionBalance at 30 September 2019 |
Dismantlement and restoration costs692 |
Regulatory and competition law proceedings203 |
Termination benefits39 |
Others180 |
Total1,114 |
|||||
In CHF millionThereof current provisions |
Dismantlement and restoration costs– |
Regulatory and competition law proceedings– |
Termination benefits33 |
Others72 |
Total105 |
|||||
In CHF millionThereof non-current provisions |
Dismantlement and restoration costs692 |
Regulatory and competition law proceedings203 |
Termination benefits6 |
Others108 |
Total1,009 |
Contingent liabilities arising from competition law 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 30 September 2019.