12 Provisions
in CHF thousands | Provisions for legal and litigation risks | Provisions for other business risks and restructuring | Total 2025 | Total 2024 |
As at 1 January | 528 | 12’093 | 12’622 | 15’445 |
Provisions applied | 0 | – 296 | – 296 | – 6’151 |
Increase in provisions recognised in the income statement | 1’727 | 6’194 | 7’921 | 5’339 |
Decrease in provisions recognised in the income statement | 0 | – 649 | – 649 | – 2’166 |
Currency effects | – 3 | – 50 | – 53 | 154 |
Additions from changes to scope of consolidation | 0 | 834 | 834 | 0 |
As at 30 June 2025 / 31 December 2024 | 2’252 | 18’126 | 20’378 | 12’622 |
Estimates and assumptions are made to assess the amount of provisions required. This is associated with significant uncertainties regarding the occurrence of the provision events as well as their amount.
Provisions for legal and litigation risks
In the first half of 2025, the LLB Group increased its provisions for legal and litigation risks for two existing legal cases in Switzerland and Austria by CHF 1.7 million.
There were no contingent liabilities in connection with legal and litigation risks.
Provisions for other business risks and restructuring
Within the scope of the integration of LLB Bank AG (formerly ZKB Österreich) in the LLB Group, provisions amounting to CHF 5.7 million were allocated in the first half of 2025. Of these, CHF 3.8 million were provisions for restructuring measures. These are reported under personnel expenses. Furthermore, CHF 1.9 million were set aside for an IT contract containing potential service payments for services that will not be utilised for the period 2026–2029. These are reported under general and administrative expenses.