15 – Other provisions

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Development in H1 2019 (Million €)

 

 

January 1, 2019

Additions

Unwinding of discount

Utilization

Releases

Other changes

June 30, 2019

Restoration obligations

 

86

−

1

−

(1)

−

86

Environmental protection and remediation costs

 

638

18

1

(37)

(1)

4

623

Employee obligations

 

1,817

833

1

(1,300)

(25)

20

1,346

Obligations from sales and purchase contracts

 

1,261

1,216

−

(331)

(44)

3

2,105

Restructuring measures

 

121

42

−

(34)

(2)

(1)

126

Litigation, damage claims, warranties and similar obligations

 

140

16

−

(17)

(3)

−

136

Other

 

1,049

135

−

(75)

(11)

2

1,100

Total

 

5,112

2,260

3

(1,794)

(87)

28

5,522

On June 30, 2019, other provisions were €410 million above the year-end 2018 figure.

Provisions for personnel obligations declined significantly following the payout of the 2018 bonus to employees of the BASF Group.

Current accruals for discounts significantly exceeded the utilization of provisions from the previous year for seasonal reasons. This led to an 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.