Eurazeo / 2019 Universal Registration Document
Financial Statements Consolidated Financial Statements for the year ended December 31, 2019
PROVISIONS NOTE 10
Provisionsbreak down as follows:
Employee benefit liabilities
Disputes
Other
12/31/2019 12/31/2018
(In thousandsof euros)
Openingbalance
93,287 20,964
11,246
29,004
133,537
136,091
Additions/charge for the period Change in consolidation scope Reductions/Reversals of provisions Reclassifications/Foreign currency translation/Actuarial gains andlosses
7,517
30,562
59,043
30,086
9,006
507
(65)
9,448
12,622
(16,555)
(4,306)
(18,211)
(39,073)
(43,035)
14,678
(942)
(830)
12,906
(2,227)
Closingbalance
121,380
14,022
40,460
175,862
133,537
Due inlessthan one year Due inmore thanone year
3,591
6,684 7,338
25,741 14,719
36,016 139,846
24,848 108,690
117,788
Employeebenefit liabilities 10.1.1. Note 5.2 provides a breakdown of the types of employee benefit liabilitiesand key valuationassumptions. Provisions for disputesand otherprovisions 10.1.2. Provisions for litigation and other provisions primarily concern litigation,restructuringandmiscellaneous provisions.
In addition, Eurazeo Group identifies contingent liabilities related to disputes or legal proceedings arising in the ordinary course of business,the impact of which cannot be quantified at the year-end (see Section 4.2,Risk factors,of this UniversalRegistration Document). To the best of Eurazeo's knowledge, there are no legal or arbitration proceedings involving Eurazeo or its subsidiaries, that could have or recently have had a material impact on the financial position or profitabilityof the consolidated Group.
06
/ EURAZEO
253
2019 UNIVERSAL REGISTRATION DOCUMENT
Made with FlippingBook Annual report