Annual Accounts Group
107
Provisions
NOK million
Provisions for
losses on
accounts
receivable
Onerous-
contracts
Restruc-
turing
Premises
Other
provisions
Total
Book value at January 1, 2010
40.8
61.7
34.5
61.5
2.5
201.1
Provisions made in 2010
0.2
18.6
205.0
-
3.1
226.8
Additions through acquisitions
8.2
6.2
17.4
-
-
31.9
Provisions applied in 2011
-1.5
-18.8
-44.3
-16.3
-1.5
-82.4
Translation differences
-0.3
-
0.5
-
-0.1
0.2
Book value at 31 December, 2010
47.5
67.8
213.1
45.3
4.0
377.6
Provisions made in 2011
4.5
-
52.0
-
6.4
62.9
Provisions applied in 2011
-39.4
-51.9
-132.7
-9.9
-3.2
-237.1
Unused provisions
-
-
-3.1
-2.5
-0.7
-6.3
Translation differences
-0.2
-
-
-
0.1
-0.1
Book value at 31 December, 2011
12.4
15.8
129.3
32.9
6.6
197.0
Provisions made in 2012
2.0
61.3
45.0
-
2.1
110.4
Provisions applied in 2012
-3.9
-23.2
-70.2
-9.3
-6.2
-112.8
Unused provisions
-
-
-6.0
-
-
-6.0
Translation differences
-0.1
-
-0.3
-
-0.2
-0.7
Book value at 31 December, 2012
10.4
53.9
97.7
23.6
2.3
187.8
Current at 31 December, 2012
10.4
13.6
86.3
8.2
-
118.5
Current at 31 December, 2011
12.4
15.8
129.3
8.2
3.6
169.3
Current at 31 December, 2010
47.5
67.8
213.1
12.4
0.4
341.1
Non-current at December 31, 2012
-
40.3
11.4
15.4
2.3
69.4
Non-current at December 31, 2011
-
-
-
24.7
3.0
27.7
Non-current at December 31, 2010
-
-
-
32.9
3.6
36.5
Provisions for losses on accounts receivable
Provisions for estimated losses on accounts receivable are recognised to the statement of comprehensive income
when a loss event occurs and there is objective evidence that the value of the asset is impaired.
Onerous contracts
The provision recognised at 31 December 2012 is related to the DigOff solution. The Board of Directors of EVRY ASA
has decided that the DigOff solution will not be sold to additional customers, but that the company will continue to
carry out the existing contracts for this solution. This decision was based on an overall evaluation of both risk and
market prospects associated with additional sales of this solution.
Restructuring
The Board of Directors of EVRY ASA has, as previously announced, decided to reorganise major areas of the group’s
operating services activities as well as the consulting and solutions activities. The reorganisation was carried out
in order to reduce complexity in the operating services area. In addition, the reorganisation has created a more
appropriate go-to-market model through greater focus on industry verticals, industry-specific solutions and local
presence. The new organisational structure came into operation from 1 January 2013. The reorganisation resulted in
reductions in headcount in staff and support functions and management affecting an estimated 100 employees. The
restructuring provision for the year relates principally to this reorganisation.
Provisions related to personnel are classified as restructuring in the above table, while provisions related to closing
locations are classified as premises costs.
Premises
Provision is made for premises leases where the premises are not used or are sub-let at a loss.
Note 19
1...,97,98,99,100,101,102,103,104,105,106 108,109,110,111,112,113,114,115,116,117,...134