33. Other provisions (non-current) / provisions (current)
In the reporting period, other provisions (non-current)/provisions (current) changed as follows:
€ million |
Real estate-related obligations |
Obligations from trade transactions |
Restructuring |
Taxes |
Miscellaneous |
Total |
|---|---|---|---|---|---|---|
As of 1/10/2018 |
135 |
21 |
42 |
14 |
187 |
399 |
Transfer due to IFRS 15 |
0 |
−3 |
0 |
0 |
0 |
−3 |
Currency translation |
2 |
0 |
0 |
0 |
1 |
4 |
Addition |
22 |
27 |
15 |
9 |
110 |
183 |
Reversal |
−10 |
0 |
−8 |
−4 |
−31 |
−54 |
Utilisation |
−19 |
−23 |
−22 |
−4 |
−83 |
−151 |
Change in consolidation group |
0 |
0 |
0 |
0 |
0 |
0 |
Interest portion of the addition/change in interest rate |
1 |
0 |
0 |
0 |
1 |
2 |
Reclassification in accordance with IFRS 5 |
−42 |
0 |
−1 |
0 |
−37 |
−80 |
Transfer |
−8 |
7 |
0 |
2 |
−1 |
−1 |
As of 30/9/2019 |
79 |
30 |
26 |
18 |
148 |
300 |
thereof non-current |
(46) |
(0) |
(3) |
(11) |
(72) |
(132) |
thereof short-term |
(33) |
(30) |
(23) |
(7) |
(76) |
(168) |
Provisions for real estate-related obligations primarily concern deficient rental covers in the amount of €24 million (30/9/2018: €34 million), dismantling and removing obligations amounting to €22 million (30/9/2018: €20 million), reinstatement obligations amounting to €15 million (30/9/2018: €24 million), store-related risks in the amount of €9 million (30/9/2018: €15 million) as well as rental commitments amounting to €7 million (30/9/2018: €40 million).
The most significant component of provisions for obligations from trade transactions are risks from subsequent charges to suppliers.
Supplementary components are provisions for warranties amounting to €1 million (30/9/2018: €1 million).
Other provisions primarily relate to provisions for litigation costs/risks in the amount of €48 million (30/9/2018: €49 million), the provisions for long-term remuneration in the amount of €18 million (30/9/2018: €36 million) and provisions for guarantee and warranty risks amounting to €18 million (30/9/2018: €23 million). The previous year’s figures for other provisions include €71 million attributable to METRO China.
- For more information about the long-term remuneration components, see no. 50 – long-term incentive for executives.
Depending on the respective term and country, interest rates for non-interest-bearing, non-current provisions range from 0.00% to 5.32%.