15 Provisions for risks and charges
The Provisions for risks and charges, with an amount up to €946 million (€776 million at 31 December 2015) are analysed in the table below:
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30.06.2016 |
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Uses |
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|
(millions of €) |
Opening balance |
Provisions |
Increases due to passing of time |
against charges |
for excess |
Changes in estimates |
Final balance |
Provision for site dismantling and restoration |
515 |
|
5 |
(3) |
|
153 |
670 |
Provision for environmental risks and charges |
131 |
6 |
|
(2) |
|
6 |
141 |
Provision for litigation |
34 |
8 |
|
(1) |
(2) |
|
39 |
Provision for claims outstanding |
|
|
|
|
|
|
|
Provision for taxes |
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|
|
|
|
|
|
Provisions for losses of affiliated entities |
|
|
|
|
|
|
|
Other provisions for risks and charges |
96 |
5 |
|
(4) |
(1) |
|
96 |
|
776 |
19 |
5 |
(10) |
(3) |
159 |
946 |
The increase of provisions for risks and charges (€170 million) is mainly due largely to the provision for site dismantling and restoration in the storage segment (€101 million) and transportation segment (€52 million) resulting from the reduction in projected discount rates.