Note 16 Other provisions
€ million | Other provisions |
Carrying amount as at 1 January 2018 | 7 |
Movements 2018 | |
Added | 7 |
Utilised | -4 |
Total | 3 |
Carrying amount as at 31 December 2018 | 10 |
Movements 2019 | |
Added | 17 |
Utilised | -4 |
Total | 13 |
Carrying amount as at 31 December 2019 | 23 |
The other provisions as at year-end 2019 amounted to €23 million (2018: €10 million) and, amongst other, related to loss-making contracts (€8 million) as part of Alliander AG’s public lighting and traffic management system operations. The calculation has factored in inevitable costs, the Alliander yield curve as the discount rate, and possible surrender values.