Atari 2011 Annual Report Download - page 70

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ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
70
NOTE 12 – PROVISIONS FOR CURRENT AND NON-CURRENT CONTINGENCIES AND LOSSES
12.1. CHANGES IN PROVISIONS
At March 31, 2011 and 2010, the provision for restructuring costs consisted of:
During Fiscal Year ended March 31, 2009, the Company announced a restructuring plan on June 17, 2008. The
provision for restructuring as of March 31, 2011, is mainly composed of provision for rent on unused premises (€ 1.4
million) and provision for other risks.
Other provisions for contingencies and losses consisted primarily of various provisions for litigation.
12.2. POST-EMPLOYMENT BENEFITS
All of the Company’s post-employment benefits are provided under defined contribution plans or defined benefit
programs in the form of multi-employer plans. In addition, even in the case of defined contribution plans, the Company's
obligations are marginal as staff turnover is high. Therefore, the Company has no material amounts to report.
(€ million) Restructuring
costs Pension liabilities Other Total
At March 31, 2010
Current 3.0 4.7 7.7
Non-current - -
Provisions at March 31, 2010 3.0 - 4.7 7.7
Changes during the period
Charges 1.4 0.3 1.7
Reversals (surplus provisions) (1.2) (1.2)
Reversals (utilized provisions) (2.5) (2.1) (4.6)
Changes in scope of consolidation -
Reclassification of liabilities held for sale -
Other -
Translation adjustments -
Provisions at March 31, 2011 1.9 - 1.7 3.6
At March 31, 2011
Current 1.9 1.7 3.6
Non-current - -
Provisions at March 31, 2011 1.9 - 1.7 3.6
(€ millions) March 31, 2011 March 31, 2010
Employee-related expenses - 0.3
Rent on unused premises 1.4 2.5
Other 0.5 0.2
Total 1.9 3.0