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MEDIASET ESPAÑA COMUNICACIÓN, S.A.
14. PROVISIONS AND OTHER CONTINGENT LIABILITIES
Current and Non-Current Provisions
The breakdown and movements in provisions in 2011 and 2010 are as follows:
Thousands of euros
2011
Opening balance
at 1 January
Increases
from
merger
Allowances
Reversals/
Applications
Transfers
Closing
balance at 31
December
Non-current provisions
Provision for outstanding
litigation
12,371
18,137
6,824
(8,733)
(297)
28,302
Total
12,371
18,137
6,824
(8,733)
(297)
28,302
Provisions short-term
Provision for outstanding
litigation
19
-
-
(11)
-
8
Provision for short-term
personnel benefits (*)
-
-
-
-
-
-
Total
19
-
-
(11)
-
8
Provision for outstanding
litigation
12,390
18,137
6,824
(8,744)
(297)
28,310
Provision for long-term
personnel benefits
-
-
-
-
-
-
Total
12,390
18,137
6,824
(8,744)
(297)
28,310
(*) Provision for shor t-term personnel benefits are recognised under Current liabilities “Personnel (remuneration payable)
Thousands of euros
2010
Balance at 1
January
Allowances
Reversals/
Applications
Transfers
Balance at 31
December
Non-current provisions
Provision for outstanding litigation
Provision for long-term personnel benefits
16,399
3,463
(7,491)
-
12,371
Total
16,399
3,463
(7,491)
-
12,371
Provisions short-term
Provision for outstanding litigation
30,244
16,353
(41,468)
(5,110)
19
Provision for short-term personnel benefits (*)
70
(70)
-
Total
30,314
16,353
(41,538)
(5,110)
19
Provision for outstanding litigation
46,643
19,816
(48,959)
-
12,390
Provision for long-term personnel benefits
70
-
(70)
-
-
Total
46,713
19,816
(49,029)
-
12,390
(*) Provision for shor t-term personnel benefits are recognised under Current liabilities “Personnel (remuneration payable)