8 Provisions and contingent liabilities
Provisions
Provisions changed as follows in the first three months of 2022:
In CHF million |
Dismantlement and restoration costs |
Regulatory and competition law proceedings |
Termination benefits |
Others |
Total |
|||||
---|---|---|---|---|---|---|---|---|---|---|
In CHF millionBalance at 1 January 2022 |
Dismantlement and restoration costs712 |
Regulatory and competition law proceedings176 |
Termination benefits55 |
Others206 |
Total1,149 |
|||||
In CHF millionAdditions to provisions |
Dismantlement and restoration costs– |
Regulatory and competition law proceedings1 |
Termination benefits– |
Others7 |
Total8 |
|||||
In CHF millionAdjustments recorded under property, plant and equipment |
Dismantlement and restoration costs (104) |
Regulatory and competition law proceedings – |
Termination benefits – |
Others – |
Total (104) |
|||||
In CHF millionPresent-value adjustments |
Dismantlement and restoration costs2 |
Regulatory and competition law proceedings1 |
Termination benefits– |
Others– |
Total3 |
|||||
In CHF millionRelease of unused provisions |
Dismantlement and restoration costs– |
Regulatory and competition law proceedings– |
Termination benefits(2) |
Others(2) |
Total(4) |
|||||
In CHF millionUse of provisions |
Dismantlement and restoration costs(4) |
Regulatory and competition law proceedings– |
Termination benefits(5) |
Others(12) |
Total(21) |
|||||
In CHF millionBalance at 31 March 2022 |
Dismantlement and restoration costs606 |
Regulatory and competition law proceedings178 |
Termination benefits48 |
Others199 |
Total1,031 |
|||||
In CHF millionThereof current provisions |
Dismantlement and restoration costs– |
Regulatory and competition law proceedings– |
Termination benefits39 |
Others75 |
Total114 |
|||||
In CHF millionThereof non-current provisions |
Dismantlement and restoration costs606 |
Regulatory and competition law proceedings178 |
Termination benefits9 |
Others124 |
Total917 |
Contingent liabilities for regulatory and antitrust proceedings
With regard to the contingent liabilities reported in the 2021 consolidated financial statements in connection with regulatory and 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 2022.