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Note 45 Provisions

€ million

Post-employment medical benefits

Termination benefits

Other employee provisions

Total

Carrying amount as at 1 January 2015

-

5

39

44

     

Movements 2015

    

Released

-

-5

-2

-7

Added

-

17

9

26

Utilised

-2

-13

-9

-24

Interest expenses

-

-

1

1

Major curtailments and settlements

2

1

2

5

Total

-

-

1

1

     

Carrying amount as at 31 December 2015

-

5

40

45

     

Movements 2016

    

Released

-

-6

-

-6

Added

-

19

12

31

Utilised

-

-12

-12

-24

Interest expenses

-

-

1

1

Major curtailments and settlements

-

-

-

-

Total

-

1

1

2

     

Carrying amount as at 31 December 2016

-

6

41

47

The post-employment medical benefits concerns a post-employment medical scheme for retired employees. This obligation is not insured with a pension fund or external insurer and, by the end of 2016, had practically run down to zero. As at year-end 2016, the reorganisation provision amounted to €6 million (2015: €5 million). Other employee provisions mainly consists of the provision for long-service benefits (paid to employees who have completed 10, 20, 30, 40 and 50 years of service) and for payments on reaching retirement age and the provision for shorter working hours for older employees, a transitional scheme which was created by the Collective Labour Agreement of December 2005 to allow older staff members to reduce their working hours in the future. For pensions, see note [15].

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