Notes to the Consolidated Financial Statements
1. Basic information and principles of the report
2. Changes in Group structure
3. Summary of significant accounting policies
4. Risk assessment and management
5. Management of capital
6. Trade accounts receivable
7. Other current assets and current financial assets
8. Inventories
9. Property, plant and equipment
10. Other non-current assets and non-current financial assets
11. Goodwill and intangible assets
12. Short-term debt
13. Other current liabilities and provisions
14. Long-term debt
15. Financial instruments
16. Retirement benefit plans
17. Participation plans
18. Deferred tax assets and liabilities
19. Other non-current liabilities and provisions
| 2016 | 2015 | |
|---|---|---|
| MCHF | MCHF | |
| Accrued investment grants | 3.6 | 3.6 |
| Other non-current liabilities | 7.6 | 6.5 |
| Total other non-current liabilities | 11.2 | 10.1 |
| Provisions for operating risks | 31.6 | 28.6 |
| Other non-current provisions | 3.2 | 2.3 |
| Total non-current provisions | 34.8 | 30.9 |
| Total other non-current liabilities and provisions | 46.0 | 41.0 |
Movements of the provisions for operating risks in 2016 and 2015 are shown in the following table.
| 2016 | 2015 | |
|---|---|---|
| MCHF | MCHF | |
| Provisions for operating risks | ||
| January 1 | 28.6 | 22.9 |
| Changes in scope of consolidation | 0.0 | 6.7 |
| Additions | 14.0 | 7.6 |
| Used | -8.4 | -6.0 |
| Reversed | -2.5 | -0.9 |
| Translation differences | -0.1 | -1.7 |
| December 31 | 31.6 | 28.6 |
Provisions for operating risks mainly include provisions for warranties. The payments for the warranty claims delay on average 3.6 years (PY: 3.9 years).
| 2016 | 2015 | |
|---|---|---|
| MCHF | MCHF | |
| Other non-current provisions | ||
| January 1 | 2.3 | 1.6 |
| Changes in scope of consolidation | 0.0 | 0.7 |
| Additions | 0.0 | 0.0 |
| Transfers | 1.6 | 0.0 |
| Used | -0.6 | 0.0 |
| Reversed | -0.2 | 0.0 |
| Translation differences | 0.1 | 0.0 |
| December 31 | 3.2 | 2.3 |