[19] Other Accruals.

 

 

 

 

 

 

 

€k

 

Oct. 1, 2015

Currency variances/transfers

Drawdowns

Releases

Additions

Accumulation

Sept. 30, 2016

Non-current other accruals

 

 

 

 

 

 

 

Personnel obligations

5,341

–5,157

–3,050

–287

11,423

271

8,541

Environmental protection obligations

6,266

–797

0

0

419

0

5,888

Warranties

1,312

1,058

–196

–52

88

0

2,210

Onerous contracts

4,025

0

0

–4,025

0

0

0

Other miscellaneous accruals

801

3,882

0

0

508

96

5,287

Total non-current other accruals

17,745

–1,014

–3,246

–4,364

12,438

367

21,926

Current other accruals

 

 

 

 

 

 

 

Current accruals associated with sales and procurement markets

 

 

 

 

 

 

 

Warranties

41,707

–885

–18,776

–6,931

20,334

0

35,449

Onerous contracts

11,308

11

–8,848

–1,387

6,126

41

7,251

Delay and contract penalties

6,776

587

–2,641

–1,216

1,844

0

5,350

Miscellaneous

26,024

–3,407

–6,333

–9,355

9,179

0

16,108

Total current accruals associated with sales and procurement markets

85,815

–3,694

–36,598

–18,889

37,483

41

64,158

Accruals for personnel obligations

71,101

1,839

–38,115

–5,200

56,974

0

86,599

Accruals for other taxes

624

–78

–108

0

876

0

1,314

Other miscellaneous accruals

13,429

–7

–7,440

–1,851

19,180

148

23,459

Total current other accruals

170,969

–1,940

–82,261

–25,940

114,513

189

175,530

Total other accruals

188,714

–2,954

–85,507

–30,304

126,951

556

197,456

Other provisions include restructuring costs for personnel in the amount of €27,412k (2014/2015: €29,362k).

The accruals for personnel have been created essentially for pre-retirement part-time working arrangements, vacation and flextime not taken, service anniversary awards, as well as severance payments. As a means of entering into early retirement, several German legal entities offer a company-subsidized pre-retirement part-time working scheme using the “block model.” The term of the scheme is between two and six years, and entry to the scheme is permitted no earlier than the employee’s 55th birthday. Essentially, during the working phase, the employee performs full duties on half pay. During the release phase, the employee no longer works, but receives the remaining 50% of his or her remuneration. The employer subsidy takes the form of topping up of remuneration and contributions to social pension insurance. The insolvency protection has been handled by a guarantee agreement closed with a bank.

Accruals for environmental protection obligations are recognized according to statutory regulations for the waste disposal of products put into circulation.

Warranty accruals are created in respect of product warranty obligations, which are prescribed by statute or contractually agreed, or which have arisen de facto.

Other current miscellaneous accruals contain obligations associated with pending legal proceedings and accruals for costs associated with year-end closing.