16 – Other Provisions
|
January 1, 2022 |
Additions |
Unwinding of discount |
Utilization |
Releases |
Other changes |
June 30, 2022 |
|---|---|---|---|---|---|---|---|
Restoration obligations |
158 |
0 |
1 |
–4 |
–1 |
9 |
163 |
Environmental protection and remediation costs |
926 |
61 |
2 |
–27 |
–3 |
47 |
1,005 |
Employee obligations |
2,368 |
1,160 |
0 |
–1,675 |
–103 |
30 |
1,781 |
Obligations from sales and purchase contracts |
1,423 |
1,635 |
– |
–494 |
–48 |
160 |
2,676 |
Restructuring measures |
279 |
49 |
– |
–67 |
–2 |
6 |
265 |
Litigation, damage claims, warranties and similar obligations |
79 |
25 |
0 |
–8 |
–3 |
8 |
101 |
Other |
486 |
185 |
0 |
–109 |
–16 |
24 |
570 |
Total |
5,717 |
3,115 |
4 |
–2,383 |
–176 |
285 |
6,561 |
On June 30, 2022, other provisions were €844 million above the 2021 year-end figure.
Provisions for employee obligations decreased significantly following the payment of the 2021 bonus to the employees of the BASF Group.
The increase in obligations from sales and purchase contracts was mainly due to the seasonal rise in provisions for discounts.
Other changes were primarily attributable to currency effects.