Audi 2009 Annual Report Download - page 217
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214
30 Other provisions
EUR million Dec. 31, 2009 Dec. 31, 2008
Total
Of which due
within one
year Total
Of which due
within one
year
Obligations from sales operations 4,161 1,673 4,004 1,722
Workforce-related provisions 517 115 531 151
Other provisions 804 715 669 629
Total 5,482 2,502 5,204 2,502
Obligations from sales operations primarily comprise warranty claims from the sale of vehicles,
components and genuine parts, including the disposal of end-of-life vehicles. These are pre-
dominantly warranty claims that are determined on the basis of previous or estimated future
loss experience. This item additionally includes rebates, bonuses and similar discounts due to be
granted and arising subsequent to the balance sheet date but occasioned by revenue prior to the
balance sheet date.
The workforce-related provisions are created for such purposes as service anniversary awards,
partial early retirement arrangements and proposals for improvements. The refund claims
against the German Federal Employment Agency as part of implementation of the partial early
retirement model are reported under other assets (Note 19, “Other receivables and other finan-
cial assets”).
The other provisions relate to various one-off obligations.
Anticipated outflows from other provisions are 46 percent in the following year, 51 percent in
the years 2011 through 2014 and 3 percent thereafter.
The provisions developed as follows:
EUR million Jan. 1, 2009 Utilization Dissolution Addition
Interest
effect from
measurement Dec. 31, 2009
Obligations from sales
operations 4,004 1,351 67 1,504 70 4,161
Workforce-related
provisions 531 175 17 170 9 517
Other provisions 669 125 41 299 2 804
Total 5,204 1,651 125 1,972 80 5,482
31 Trade payables
EUR million Dec. 31, 2009 Dec. 31, 2008
Trade payables to
third parties 2,592 2,820
affiliated companies 512 475
associated companies and participating interests 9 7
Total 3,114 3,302
The fair values of the trade payables correspond to the carrying amounts due to their short-term
nature.
The customary retention of title applies to liabilities from deliveries of goods.