BT 2012 Annual Report Download - page 129

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19. Provisions
BT Global
Services restructuringaPropertybOthercTotal
£m £m £m £m
At 1 April 2010 187 272 382 841
Income statement expensed76 131 190 397
Unwind of discount –3–3
Utilised or released (103) (88) (76) (267)
Transfers – – (15) (15)
Exchange differences (1) – (2) (3)
At 1 April 2011 159 318 479 956
Income statement expensed–8090170
Unwind of discount –5–5
Utilised or released (49) (107) (126) (282)
Transfers (5) –1712
Exchange differences – – (4) (4)
At 31 March 2012 105 296 456 857
2012 2011
At 31 March £m £m
Analysed as:
Current 251 149
Non-current 606 807
857 956
aAmounts provided in relation to the BT Global Services restructuring programme and the contract and financial reviews in 2009. These are being utilised as the obligations are settled.
bProperty provisions mainly comprise onerous lease provisions arising from the rationalisation of the group’s property portfolio. The provisions will be utilised over the remaining lease periods, which
range from one to 20 years.
cOther provisions include amounts provided for legal or constructive obligations arising from insurance claims, litigation and regulatory risks which will be utilised as the obligations are settled.
dIncludes specific items of £80m (2011: £88m) for property rationalisation costs and £nil (2011: £24m) relating to the BT Global Services restructuring programme.
126 Financial statements
Notes to the consolidated financial statements
Overview
BusinessStrategy
Performance
Governance
Financial statements
Additional information Overview
BusinessStrategy
Performance
Governance
Financial statements
Additional information