6.15 Other provisions

Other provisions

 

 

in EUR

 

2011

2010

As at 1 January

17,797,395

15,386,717

Formation

3,080,127

2,623,111

Use

-1,737,300

-212,433

As at 31 December

19,140,222

17,797,395

 

Documents

 
 
 

The increase in other provisions is shown as »Other income« in the income statement. Other provisions include provisions for litigation, which mostly arise from the legal action of Jugobanka against Slovenijales (EUR 9.6 million), due to which EUR 5.5 million is frozen in the bank account of Slovenijales. For detail, see Section 8.6 Significant legal disputes.

The maturity of over 90% of other provisions is above 12 months.

 
 
 
 
 
 
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