| (in € millions) | Opening | Provisions taken |
Provisions used |
Other reversals |
Changes in consolidation scope and miscellaneous |
Change in the part at less than one year |
Currency translation differences |
Closing |
|---|---|---|---|---|---|---|---|---|
| 01/01/2020 | 01/01/2020Opening4,452 | 01/01/2020 Provisions taken 1,849 |
01/01/2020 Provisions used (1,384) |
01/01/2020 Other reversals (186) |
01/01/2020 Changes in consolidation scope and miscellaneous 11 |
01/01/2020 Change in the part at less than one year (17) |
01/01/2020 Currency translation differences 17 |
01/01/2020Closing4,741 |
| Obligation to maintain the condition of concession assets |
Obligation to maintain the condition of concession assets Opening946 |
Obligation to maintain the condition of concession assets Provisions taken 176 |
Obligation to maintain the condition of concession assets Provisions used (95) |
Obligation to maintain the condition of concession assets Other reversals (34) |
Obligation to maintain the condition of concession assets Changes in consolidation scope and miscellaneous (1) |
Obligation to maintain the condition of concession assets Change in the part at less than one year - |
Obligation to maintain the condition of concession assets Currency translation differences (6) |
Obligation to maintain the condition of concession assets Closing987 |
| After-sales service | After-sales service Opening396 |
After-sales service Provisions taken 131 |
After-sales service Provisions used (108) |
After-sales service Other reversals (11) |
After-sales service Changes in consolidation scope and miscellaneous - |
After-sales service Change in the part at less than one year - |
After-sales service Currency translation differences (6) |
After-sales service Closing401 |
| Losses on completion and construction project liabilities |
Losses on completion and construction project liabilities Opening1,428 |
Losses on completion and construction project liabilities Provisions taken 904 |
Losses on completion and construction project liabilities Provisions used (656) |
Losses on completion and construction project liabilities Other reversals (45) |
Losses on completion and construction project liabilities Changes in consolidation scope and miscellaneous (58) |
Losses on completion and construction project liabilities Change in the part at less than one year - |
Losses on completion and construction project liabilities Currency translation differences (14) |
Losses on completion and construction project liabilities Closing1,558 |
| Disputes | Disputes Opening533 |
Disputes Provisions taken 185 |
Disputes Provisions used (126) |
Disputes Other reversals (30) |
Disputes Changes in consolidation scope and miscellaneous (4) |
Disputes Change in the part at less than one year - |
Disputes Currency translation differences (5) |
Disputes Closing553 |
| Restructuring costs | Restructuring costs Opening27 |
Restructuring costs Provisions taken 45 |
Restructuring costs Provisions used (10) |
Restructuring costs Other reversals (6) |
Restructuring costs Changes in consolidation scope and miscellaneous 2 |
Restructuring costs Change in the part at less than one year - |
Restructuring costs Currency translation differences - |
Restructuring costs Closing58 |
| Other current liabilities | Other current liabilities Opening1,219 |
Other current liabilities Provisions taken 471 |
Other current liabilities Provisions used (351) |
Other current liabilities Other reversals (121) |
Other current liabilities Changes in consolidation scope and miscellaneous 35 |
Other current liabilities Change in the part at less than one year - |
Other current liabilities Currency translation differences (19) |
Other current liabilities Closing1,235 |
| Reclassification of the part at less than one year |
Reclassification of the part at less than one year Opening193 |
Reclassification of the part at less than one year Provisions taken - |
Reclassification of the part at less than one year Provisions used - |
Reclassification of the part at less than one year Other reversals - |
Reclassification of the part at less than one year Changes in consolidation scope and miscellaneous 5 |
Reclassification of the part at less than one year Change in the part at less than one year (15) |
Reclassification of the part at less than one year Currency translation differences (1) |
Reclassification of the part at less than one year Closing182 |
| 31/12/2020 | 31/12/2020Opening4,741 | 31/12/2020 Provisions taken 1,912 |
31/12/2020 Provisions used (1,346) |
31/12/2020 Other reversals (247) |
31/12/2020 Changes in consolidation scope and miscellaneous (20) |
31/12/2020 Change in the part at less than one year (15) |
31/12/2020 Currency translation differences (52) |
31/12/2020Closing4,973 |
| Obligation to maintain the condition of concession assets |
Obligation to maintain the condition of concession assets Opening987 |
Obligation to maintain the condition of concession assets Provisions taken 164 |
Obligation to maintain the condition of concession assets Provisions used (111) |
Obligation to maintain the condition of concession assets Other reversals (18) |
Obligation to maintain the condition of concession assets Changes in consolidation scope and miscellaneous 1 |
Obligation to maintain the condition of concession assets Change in the part at less than one year - |
Obligation to maintain the condition of concession assets Currency translation differences 1 |
Obligation to maintain the condition of concession assets Closing1,024 |
| After-sales service | After-sales service Opening401 |
After-sales service Provisions taken 145 |
After-sales service Provisions used (117) |
After-sales service Other reversals (12) |
After-sales service Changes in consolidation scope and miscellaneous 19 |
After-sales service Change in the part at less than one year - |
After-sales service Currency translation differences 5 |
After-sales service Closing442 |
| Losses on completion and construction project liabilities |
Losses on completion and construction project liabilities Opening1,558 |
Losses on completion and construction project liabilities Provisions taken 1,010 |
Losses on completion and construction project liabilities Provisions used (750) |
Losses on completion and construction project liabilities Other reversals (46) |
Losses on completion and construction project liabilities Changes in consolidation scope and miscellaneous 7 |
Losses on completion and construction project liabilities Change in the part at less than one year - |
Losses on completion and construction project liabilities Currency translation differences 22 |
Losses on completion and construction project liabilities Closing1,800 |
| Disputes | Disputes Opening553 |
Disputes Provisions taken 279 |
Disputes Provisions used (124) |
Disputes Other reversals (31) |
Disputes Changes in consolidation scope and miscellaneous 1 |
Disputes Change in the part at less than one year - |
Disputes Currency translation differences - |
Disputes Closing678 |
| Restructuring costs | Restructuring costs Opening58 |
Restructuring costs Provisions taken 13 |
Restructuring costs Provisions used (28) |
Restructuring costs Other reversals (11) |
Restructuring costs Changes in consolidation scope and miscellaneous (5) |
Restructuring costs Change in the part at less than one year - |
Restructuring costs Currency translation differences - |
Restructuring costs Closing27 |
| Other current liabilities | Other current liabilities Opening1,235 |
Other current liabilities Provisions taken 645 |
Other current liabilities Provisions used (339) |
Other current liabilities Other reversals (78) |
Other current liabilities Changes in consolidation scope and miscellaneous 287(*) |
Other current liabilities Change in the part at less than one year - |
Other current liabilities Currency translation differences 14 |
Other current liabilities Closing1,763 |
| Reclassification of the part at less than one year |
Reclassification of the part at less than one year Opening182 |
Reclassification of the part at less than one year Provisions taken - |
Reclassification of the part at less than one year Provisions used - |
Reclassification of the part at less than one year Other reversals - |
Reclassification of the part at less than one year Changes in consolidation scope and miscellaneous 19 |
Reclassification of the part at less than one year Change in the part at less than one year (14) |
Reclassification of the part at less than one year Currency translation differences 1 |
Reclassification of the part at less than one year Closing188 |
| 31/12/2021 | 31/12/2021Opening4,973 | 31/12/2021 Provisions taken 2,256 |
31/12/2021 Provisions used (1,469) |
31/12/2021 Other reversals (196) |
31/12/2021 Changes in consolidation scope and miscellaneous 329 |
31/12/2021 Change in the part at less than one year (14) |
31/12/2021 Currency translation differences 44 |
31/12/2021Closing5,923 |
(*) Including €277 million relating to the Cobra IS acquisition.
At 31 December 2021, contractual obligations to maintain the condition of concession assets mainly comprised €501 million for the ASF group (€486 million at 31 December 2020), €270 million for Cofiroute (€274 million at 31 December 2020), and €224 million for VINCI Airports (€196 million at 31 December 2020) including €113 million for ANA (€93 million at 31 December 2020).
Provisions for other current liabilities mainly consist of individual provisions with a value of less than €2 million each.
These include provisions for worksite restoration and removal costs for €216 million (€194 million at 31 December 2020).
Non-current provisions are recognised whenever, at the balance sheet date, the Group has a legal or constructive present obligation towards non-Group companies arising from a past event, whenever it is probable that an outflow of resources embodying economic benefits will be required to settle this obligation and whenever a reliable estimate can be made of the amount of the obligation. These provisions are measured at their present value, corresponding to the best estimate of the outflow of resources required to settle the corresponding obligation.
The part at less than one year of provisions not directly linked to the operating cycle is reported under “Current provisions”.
The part at less than one year of other employee benefits is reported under “Other current liabilities”.
| (in € millions) | Opening | Provisions taken |
Provisions used |
Other reversals not used |
Changes in consolidation scope and miscellaneous |
Change in the part at less than one year |
Currency translation differences |
Closing |
|---|---|---|---|---|---|---|---|---|
| 01/01/2020 | 01/01/2020Opening1,135 | 01/01/2020 Provisions taken 140 |
01/01/2020 Provisions used (94) |
01/01/2020 Other reversals not used (59) |
01/01/2020 Changes in consolidation scope and miscellaneous 199 |
01/01/2020 Change in the part at less than one year 17 |
01/01/2020 Currency translation differences 2 |
01/01/2020Closing1,341 |
| Financial risks | Financial risks Opening978 |
Financial risks Provisions taken 8 |
Financial risks Provisions used (8) |
Financial risks Other reversals not used (1) |
Financial risks Changes in consolidation scope and miscellaneous 42 |
Financial risks Change in the part at less than one year - |
Financial risks Currency translation differences - |
Financial risks Closing1,019 |
| Other liabilities | Other liabilities Opening557 |
Other liabilities Provisions taken 82 |
Other liabilities Provisions used (49) |
Other liabilities Other reversals not used (15) |
Other liabilities Changes in consolidation scope and miscellaneous (265) |
Other liabilities Change in the part at less than one year - |
Other liabilities Currency translation differences (6) |
Other liabilities Closing303 |
| Reclassification of the part at less than one year | Reclassification of the part at less than one year Opening(193) |
Reclassification of the part at less than one year Provisions taken - |
Reclassification of the part at less than one year Provisions used - |
Reclassification of the part at less than one year Other reversals not used - |
Reclassification of the part at less than one year Changes in consolidation scope and miscellaneous (5) |
Reclassification of the part at less than one year Change in the part at less than one year 15 |
Reclassification of the part at less than one year Currency translation differences 1 |
Reclassification of the part at less than one year Closing(182) |
| 31/12/2020 | 31/12/2020Opening1,341 | 31/12/2020 Provisions taken 90 |
31/12/2020 Provisions used (58) |
31/12/2020 Other reversals not used (16) |
31/12/2020 Changes in consolidation scope and miscellaneous (228) |
31/12/2020 Change in the part at less than one year 15 |
31/12/2020 Currency translation differences (5) |
31/12/2020Closing1,140 |
| Financial risks | Financial risks Opening1,019 |
Financial risks Provisions taken 50 |
Financial risks Provisions used (4) |
Financial risks Other reversals not used (1) |
Financial risks Changes in consolidation scope and miscellaneous (132) |
Financial risks Change in the part at less than one year - |
Financial risks Currency translation differences - |
Financial risks Closing933 |
| Other liabilities | Other liabilities Opening303 |
Other liabilities Provisions taken 144 |
Other liabilities Provisions used (66) |
Other liabilities Other reversals not used (5) |
Other liabilities Changes in consolidation scope and miscellaneous 15 |
Other liabilities Change in the part at less than one year - |
Other liabilities Currency translation differences 1 |
Other liabilities Closing393 |
| Reclassification of the part at less than one year | Reclassification of the part at less than one year Opening(182) |
Reclassification of the part at less than one year Provisions taken - |
Reclassification of the part at less than one year Provisions used - |
Reclassification of the part at less than one year Other reversals not used - |
Reclassification of the part at less than one year Changes in consolidation scope and miscellaneous (19) |
Reclassification of the part at less than one year Change in the part at less than one year 14 |
Reclassification of the part at less than one year Currency translation differences (1) |
Reclassification of the part at less than one year Closing(188) |
| 31/12/2021 | 31/12/2021Opening1,140 | 31/12/2021 Provisions taken 194 |
31/12/2021 Provisions used (69) |
31/12/2021 Other reversals not used (6) |
31/12/2021 Changes in consolidation scope and miscellaneous (137) |
31/12/2021 Change in the part at less than one year 14 |
31/12/2021 Currency translation differences - |
31/12/2021Closing1,137 |
