Download - Salzgitter AG

The provisions reported in the personnel area were valued on the basis of an assumed interest rate of
5.25% per annum (2006: 4.25% per annum).
Allowances for employees leaving the company under the terms of age-related part-time employment
contracts are capitalized as an asset worth € 8.3 million (2006: € 8.8 million) and not offset against
provisions.
Provisions for typical operating risks are formed for, in particular, waste disposal and recultivation
obligations.
The provisions for other risks primarily comprise provisions for discounts/complaints, litigation risks,
warranties, environmental risks and pending transaction risks.
Maturities of the other provisions:
FY 2007 in T€ Total Current Non-
31/12 current
Other taxes 9,539 9,539 –
Personnel 143,956 52,989 90,967
of which anniversary provisions [37,563] [–] [37,563]
of which for the social plan/age-related part-time employment [62,388] [24,021] [38,367]
Operating risks 119,447 17,857 101,590
Other risks 245,212 245,212 –
of which markdowns/complaints [98,007] [98,007] [–]
Total 518,154 325,597 192,557
FY 2006 in T€ Total Current Non-
31/12 current
Other taxes 7,540 7,540 –
Personnel 116,937 40,967 75,970
of which anniversary provisions [35,502] [–] [35,502]
of which for the social plan/age-related part-time employment [54,495] [27,704] [26,791]
Operating risks 104,053 12,618 91,435
Other risks 176,612 176,612 –
of which markdowns/complaints [50,296] [50,296] [–]
Total 405,142 237,737 167,405