8 Provisions and contingent liabilities
Provisions changed as follows in the first six months of 2021:
In CHF million
|Balance at 1 January 2021||741||233||63||179||1,216|
|Additions to provisions||–||28||2||19||49|
|Adjustments recognised under property, plant and equipment||(44)||–||–||–||(44)|
|Release of unused provisions||–||–||–||(16)||(16)|
|Use of provisions||(4)||–||(12)||(18)||(34)|
|Balance at 30 June 2021||695||286||53||164||1,198|
|Thereof current provisions||–||–||50||62||112|
|Thereof non-current provisions||695||286||3||102||1,086|
In the past, Swisscom recognised provisions for regulatory and antitrust proceedings on the basis of legal assessments. Due to a reassessment of these proceedings, provisions of CHF 49 million were recognised in the second quarter of 2021. Any payments to be made will depend upon the date on which legally binding decrees and decisions are issued, and could probably occur within five years.
Contingent liabilities for regulatory and competition law proceedings
With regard to the contingent liabilities reported in the 2020 consolidated financial statements in connection with regulatory and antitrust proceedings, Swisscom is of the opinion that an outflow of resources is unlikely and has therefore, as before, not recognised any provisions for this in the consolidated financial statements as at 30 June 2021.