33. Provisions

 

 
  31.12.2014 31.12.2013
For off-balance sheet granted contingent liabilities * 49 613 56 068
For legal proceedings 96 933 56 275
Technical-insurance provisions - 87 168
Other 30 335 28 717
Total provisions 176 881 228 228
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* includes valuation of financial guarantees

In connection with the qualification of BRE Ubezpieczenia TUiR S.A. as non-current assets (disposal groups) information on the technical-insurance provisions are presented in Note 24.

Estimated dates of granted contingent liabilities realisation are presented in Note 36.

The estimated cash flow due to created provisions for legal proceedings and other provisions is expected to crystalise over 1 year.

Movements in the provisions

 
  31.12.2014 31.12.2013
As at the beginning of the period (by type) 228 228 213 327
For off-balance sheet granted contingent liabilities 56 068 46 462
For legal proceedings 56 275 47 204
Technical-insurance provisions 87 168 84 512
Other 28 717 35 149
Change in the period (due to) (51 347) 14 901
- increase of provisions, due to: 254 601 151 374
   - for off-balance-sheet granted contingent liabilities (Note 13) 144 061 118 169
   - for legal proceedings 51 705 29 199
   - technical-insurance provisions 48 387 2 656
   - other 10 448 1 350
- release of provisions, due to: (151 067) (115 307)
   - for off-balance-sheet granted contingent liabilities (Note 13) (150 716) (108 594)
   - for legal proceedings (351) (2 190)
   - other - (4 523)
- write-offs (19 548) (20 942)
- utilization - (150)
- reclassification to non-current assets held for sale (135 555) -
- foreign exchange differences 222 (74)
As at the end of the period (by type) 176 881 228 228
For off-balance sheet granted contingent liabilities 49 613 56 068
For legal proceedings 96 933 56 275
Technical-insurance provisions - 87 168
Other 30 335 28 717
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Provisions for off-balance sheet granted contingent liabilities

 
  31.12.2014 31.12.2013
Incurred but not identified losses
Off-balance sheet contingent liabilities 23 435 879 21 542 323

Provisions for off-balance sheet contingent liabilities analysed according to portfolio approach (negative amount)

(27 693) (24 927)
Net off-balance sheet contingent liabilities 23 408 186 21 517 396
Off-balance sheet granted contingent liabilities with impairment
Off-balance sheet contingent liabilities 57 900 63 178

Provisions for off-balance sheet contingent liabilities analysed individually (negative amount)

(21 920) (31 141)
Net off-balance sheet contingent liabilities 35 980 32 037
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