Note 20 Provisions

Special Content

Total

Total

CHF million

Operational

Litigation

Other 1

31.12.05

31.12.04

Balance at the beginning of the year

299

485

1,236

2,020

1,490

Additions from acquired companies

0

0

1

1

700

New provisions charged to income

117

317

86

520

587

Capitalized reinstatement costs

0

0

3

3

66

Recoveries

3

17

5

25

34

Provisions applied

(102)

(269)

(217)

(588)

(772)

Disposal of subsidaries

(4)

(7)

0

(11)

(11)

Foreign currency translation

21

49

32

102

(74)

Balance at the end of the year

334

592

1,146

2,072

2,020

Special Content

1 Comprises provisions for: contract risk related to international electricity trading business; annual cost liabilities related to power purchases from joint venture companies where production costs exceed market prices; reinstatement costs; subleases.

 

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