15 – Other provisions

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First-half development 2018 (million €)

 

 

January 1, 2018

Additions

Unwinding of discount

Utilization

Releases

Other changes

June 30, 2018

Restoration obligations

 

1,296

23

13

(9)

−

25

1,348

Environmental protection and remediation costs

 

600

46

1

(32)

(5)

8

618

Personnel obligations

 

2,173

859

−

(1,374)

(116)

(20)

1,522

Obligations from sales and purchase contracts

 

1,080

942

−

(359)

(43)

13

1,633

Restructuring measures

 

143

6

−

(28)

(1)

4

124

Litigation, damage claims, warranties and similar obligations

 

103

15

−

(27)

(7)

(6)

78

Other

 

1,312

96

−

(139)

(117)

−

1,152

Total

 

6,707

1,987

14

(1,968)

(289)

24

6,475

On June 30, 2018, other provisions were €232 million below the year-end 2017 figure.

Provisions for personnel obligations declined significantly following the payout of the 2017 bonus to employees of the BASF Group and a partial release of provisions for the long-term incentive program.

Current accruals for discounts significantly exceeded the utilization of provisions from the previous year. This led to a seasonal increase in provisions for obligations from sales contracts.

Other changes include currency effects and the reclassification of obligations to liabilities when the amount and timing of these obligations became known.