Service-oriented - Die Schweizerische Post

31 December 2006
27 Provisions
Annual Report | Financial Report | Financial statements of Swiss Post Group
Other longterm
benefits
due to
employees
Restructuring Incurred claims Litigation risks Other Total
CHF m
As at 1.1 336 155 50 7 14 562
Additions due to acquisition of subsidiaries
– – – – 21 23
Increase 19 5 9 271 1 61
Present value adjustment 8 3 – – 1 12
Utilized – 22 – 21 – 9 0 – 3 – 55
Released – 2 – 7 – 4 – 1 – 3 – 17
As at 31.12 339 135 46 33 31 586
of which current 22 33 10 21 7 93
1 The provisions for litigation risks were increased primarily in connection with allowances for working night shifts and Sundays during holiday periods.
Swiss Post was thereby responding to various court rulings affecting other companies.
31 December 2005
Other longterm
benefits
due to
employees
Restructuring Incurred claims Litigation risks Other Total
CHF m
As at 1.1 328 179 47 10 9 573
Additions due to acquisition of subsidiaries – – – – – –
Increase 31 18 14 2 11 76
Present value adjustment 9 5 – – – 14
Utilized – 23 – 28 – 9 – 1 – 5 – 66
Released – 9 – 19 – 2 – 4 – 1 – 35
As at 31.12 336 155 50 7 14 562
of which current 23 41 9 – 7 80
Other long-term benefits due to employees
Other long­term employee benefits primarily include anniversary bonuses for long years of service to the
company and staff vouchers (mainly for retirees). The trend is set out in the following tables.
133