10 Provisions and contingent liabilities
Provisions
Provisions changed as follows in the first nine months of 2019:
In CHF million |
Dismantlement and restoration costs |
Regulatory and competition law proceedings |
Termination benefits |
Others |
Total |
|||||
---|---|---|---|---|---|---|---|---|---|---|
Balance at 31 December 2018 | 615 | 166 | 69 | 182 | 1,032 | |||||
Additions to provisions | 5 | 30 | – | 28 | 63 | |||||
Present-value adjustments | 98 | 7 | – | – | 105 | |||||
Release of unused provisions | (22) | – | (4) | (8) | (34) | |||||
Use of provisions | (4) | – | (26) | (22) | (52) | |||||
Balance at 30 September 2019 | 692 | 203 | 39 | 180 | 1,114 | |||||
Thereof current provisions | – | – | 33 | 72 | 105 | |||||
Thereof non-current provisions | 692 | 203 | 6 | 108 | 1,009 |
Contingent liabilities arising from competition law proceedings
With regard to the contingent liabilities reported in the 2018 consolidated financial statements in connection with antitrust proceedings, Swisscom is of the opinion that an outflow of resources is unlikely and, as before, has therefore not recognised any provisions for this in the consolidated financial statements as at 30 September 2019.