Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

Section 11Heading 110: Staff severance indemnity provision11.1 Staff severance indemnity provision: changes during the period30/6/11 30/6/10A. Balance at start of period 27,282 28,898B. Additions 12,098 12,727B.1 Transfers during period 11,565 11,859B.2 Other additions 533 868C. Reductions 13,344 14,343C.1 Indemnities paid out 1,833 5,302C.2 Other reductions ¹ 11,511 9,041D. Balance at end of period 26,036 27,2821 Includes €8,833,000 in transfers to external, defined contribution pension schemes (€6,500,000 at 30/6/10).Section 12Heading 120: Provisions12.1 Provisions: compositionItem/amounts 30/6/11 30/6/101. Company post-employment benefit provision — —2. Other provisions 156,522 156,3182.1 litigation 1,015 6902.2 staff-related — —2.3 other 155,507 155,628Total 156,522 156,318124 –