15 – Other Provisions

(XLS:) XLS

Development in H1 2020 (Million €)

 

January 1, 2020

Additions

Unwinding of discount

Utilization

Releases

Other changes

June 30, 2020

Restoration obligations

77

1

1

(2)

(2)

(1)

74

Environmental protection and remediation costs

654

47

2

(40)

(1)

3

665

Employee obligations

1,653

695

–

(1,070)

(83)

(57)

1,138

Obligations from sales and purchase contracts

1,165

1,208

–

(408)

(56)

(84)

1,825

Restructuring measures

141

11

–

(57)

(3)

–

92

Litigation, damage claims, warranties and similar obligations

126

15

1

(5)

(1)

(12)

124

Other

462

173

–

(87)

(7)

(2)

539

Total

4,278

2,150

4

(1,669)

(153)

(153)

4,457

On June 30, 2020, other provisions were €179 million above the 2019 year-end figure.

Provisions for employee obligations declined significantly following the payout of the 2019 bonus to 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 are attributable to currency effects and the reclassification of obligations to liabilities when the amount and timing of these obligations became known.