Generali Pojišťovna a.s. Annual Report 2016
 
 
 
 
 
 

4.11. Other provisions

(CZK’000)31 December 201631 December 2016
Provision for untaken holiday and other provisions1,30012,543
Total1,30012,543

Movements on other provisions can be analyzed as follows:

(CZK’000)Reserve
for taxes
Provisions
for accrued vacation
Total
As at 1 January 201510,82910,829
Additions (note 4.18)85,900174,691260,591
Use(172,977)(172,977)
Tax provision reclassification into direct tax receivable/liability (+/-)(85,900)(85,900)
As at 31 December 201512,54312,543
Additions (note 4.18)117,60097,844215,444
Use(99,250)(99,250)
Release(9,837)(9,837)
Advances for income tax(41,314)(41,314)
Tax provision reclassification into direct tax receivable/liability (+/-)(76,286)(76,286)
As at 31 December 20161,3001,300

Since 2016 the Company creates accrual for untaken holiday (note 4.13) instead of provision. Other provisions relate to restructuring provision.