PROVISION
Provisions are recorded when the group has a legal of
constructive obligation on the basis of a past event, the realisation of the
payment Publication is probable and the amount of the obligation can be
reliable is estimated. Provisions are measure at the present value of the
expenditure required to settle the obligation. If reimbursement for some or all
of the obligations can be received from a third party, the reimbursement is
recorded as a separate asset, but only when it is practically certain that said
reimbursement will be received. Provisions are recognized for 1 rows contact
when the obligate tree expenditure required to meet obligation exceed the
economic benefit expected to be received from the contract. The amount of the
warranty provision is set on the basis of experience of the realization of
these commitments. Provisions for restructuring are recognized when the Camry
and group has made a detailed structuring plan and initiated implementation of
the plan for has communicated about it. Provisions are not recognised for the
continuing operation of the Caverion group
The recognition of provisions in walls estimate concerning
Probability and quantity. Provisions are recognised for 1 rows contract when
the unavoidable cost required to meet the obligation exceeds the benefit
expected to be received under the contract. The amount of the warranty
provision is set on the basis of experience of the realisation of this
commitment. As at December 31 2016 and 2015 the provisions amounted to you are
37.2 million and you are 26.7 million.
