13 Provisions
|
in CHF thousands |
Provisions for legal and litigation risks |
Provisions for other business risks and restructuring |
Total 2021 |
Total 2020 |
|
As at 1 January |
2'757 |
8'441 |
11'199 |
14'907 |
|
Provisions applied |
– 26 |
– 2'249 |
– 2'274 |
– 4'158 |
|
Increase in provisions recognised in the income statement |
302 |
2'506 |
2'808 |
4'654 |
|
Decrease in provisions recognised in the income statement |
0 |
– 2'201 |
– 2'201 |
– 4'145 |
|
Changes due to foreign exchange differences |
1 |
43 |
44 |
– 59 |
|
As at 30 June 2021 / 31 December 2020 |
3'035 |
6'540 |
9'575 |
11'199 |
Provisions for other business risks and restructuring
In the first half of 2021, provisions for restructuring measures in the amount of CHF 1.2 million were used for the intended purpose. As at 30 June 2021, provisions for restructuring measures totalling CHF 2.0 million remained available.
In addition, there are provisions for a service agreement for the use of the Tambas banking software, which will be used for the intended purpose until the end of 2021. The banking software is no longer being used; however, the service agreement only expires at the end of 2021.
The new allocation and release of provisions for other business risks are attributable to the adjustments made for expected off-balance-sheet credit losses. These relate to unrecognised credit commitments and guarantees.