13 Provisions
Details of provisions are shown in the following table.
Download data(x EUR million) | 2014 | 2013 |
|---|---|---|
Provisions for restructuring | 0.7 | 0.4 |
Provisions for participating interests | - | - |
Book value as per 31 December | 0.7 | 0.4 |
Provisions for restructuring
The provisions for restructuring are shown in the following table.
Download data(x EUR million) | 2014 | 2013 |
|---|---|---|
Non-current | - | - |
Current | 0.7 | 0.4 |
Balance at 31 December | 0.7 | 0.4 |
The provisions for restructuring concern severance agreements with employees following the restructuring and regionalisation of the country organisations. The provision formed at the end of 2014 and 2013 will be settled within 12 months and the time value of money is assumed not to affect the balance sheet position. Movements in the provision for restructuring are shown in the following table.
Download data(x EUR million) | 2014 | 2013 |
|---|---|---|
Balance at 1 January | 0.4 | 1.0 |
Additions charged to the result | 0.7 | 1.1 |
Withdrawals | -0.4 | -1.7 |
Balance at 31 December | 0.7 | 0.4 |
Provisions for participating interests
The provisions for participating interests concern participating interests that have a negative balance value on the balance sheet date, and for which Q-Park is liable for its share in the liabilities of the participating interests concerned.