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9
FINANCIAL AND ACCOUNTING INFORMATION
1. 2016 Consolidated Financial Statements
236
SAINT-GOBAIN
- REGISTRATION DOCUMENT 2016
Changes in other non-current assets in 2016 and 2015 are analyzed below:
(in € millions)
Available-for-sale
and other securities
and surety
Loans, deposits
Pension plan
surpluses
Total
At January 1, 2015
Gross value
66
462
137
665
Provision for impairment
(14)
(5)
(19)
NET VALUE
52
457
137
646
Movements during the year
Increases/(decreases)
24
64
(79)
9
Provisions for impairment
(2)
0
(2)
Translation adjustments
(3)
(10)
8
(5)
Transfers and other movements
1
2
3
Changes in Packaging Sector
0
46
(3)
43
Changes in Group structure
(10)
(49)
(59)
TOTAL MOVEMENTS
10
53
(74)
(11)
At December 31, 2015
Gross value
76
519
63
658
Provision for impairment
(14)
(9)
(23)
NET VALUE
62
510
63
635
Movements during the year
Increases/(decreases)
109
(6)
(15)
88
Provisions for impairment
(1)
1
0
Translation adjustments
1
10
(7)
4
Transfers and other movements
(1)
6
5
Changes in Group structure
(22)
(22)
TOTAL MOVEMENTS
86
11
(22)
75
At December 31, 2016
Gross value
163
526
41
730
Provision for impairment
(15)
(5)
(20)
NET VALUE
148
521
41
710
Increases/(decreases) in available-for-sale securities and other securities primarily relate to acquisitions/(disposals) of securities
in the period that will be consolidated/(deconsolidated) in the following period.
OTHER CURRENT AND NON-CURRENT LIABILITIES AND
NOTE 7
PROVISIONS, CONTINGENT LIABILITIES AND LITIGATION
A provision is booked when (i) the Group has a present legal
or constructive obligation towards a third party as a result of
a past event, (ii) it is probable that an outflow of resources
will be required to settle the obligation, and (iii) the amount
of the obligation can be estimated reliably.
If the amount or due date of the obligation cannot be
estimated with sufficient reliability, it is classified as a
contingent liability and reported as an off-balance sheet
commitment.
Provisions for other material liabilities and charges whose
timing can be estimated reliably are discounted to present
value.