- Statement of Management's Responsibilities
- Independent Auditor's Report
- The consolidated financial statements
- Notes to the Consolidated Financial Statements
- General Information
- Main Accounting Policies
- Main Assumptions
- Risk Report
- Segment Reporting
- Notes to the Statement of Financial Position
- Intangible assets
- Property, plant and equipment
- Investment property
- Investments in associates
Financial assets 7
- Reinsurers' share of technical provisions
- Receivables
- Other assets
- Cash and cash equivalents
- Non-current assets held for sale
- Equity
- Subordinated liabilities
- Insurance technical provisions and insurance technical provisions for unit-linked insurance contracts
- Employee benefits
- Other provisions
- Deferred tax assets and liabilities
- Other financial liabilities
- Operating liabilities
- Other liabilities
- Notes to the Income Statement
- Other Information
- Appendix
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 |
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.