Saint Gobain - Registration document 2016

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9 FINANCIAL AND ACCOUNTING INFORMATION
3. Compagnie de Saint-Gobain annual financial statements (parent company)
276 SAINT-GOBAIN - REGISTRATION DOCUMENT 2016
PROVISIONS NOTE 12
(in EUR thousand) 2016
At January 1, Charge for
the year
Write-backs
of utilized
provisions
of surplus
provisions
Write-backs
Other
(transfers)
At December 31,
2016
Untaxed provisions
Reinvested capital gains 3,247 3,247
Other 0 0
3,247 0 0 0 0 3,247
Provisions for contingencies
Provisions for taxes 111,583 3,045 (30,956) (250) 83,422
Provisions for stock option plan costs 0 0
Provisions for other contingencies 2,526 391 (195) 0 (1,025) 1,697
114,109 3,436 (195) (30,956) (1,275) 85,119
Provisions for charges
Provisions for pensions and other
post-employment benefit obligations (1) 112,830 22,996 (2,775) (974) 132,077
Provisions for performance share and
performance unit plan costs 65,621 27,847 (14,834) 78,634
Provisions for other charges 1,564 196 (1,001) (68) 691
180,015 51,039 (18,610) 0 (1,042) 211,402
Provisions for impairment
Investments in subsidiaries and affiliates 30,079 (11) 30,068
Other investment securities 102 102
Doubtful receivables 0 0
Marketable securities 0 0
30,181 0 0 (11) 0 30,170
Impact on operating income 22,990 (2,776) (974)
Impact on net financial income (11)
Impact on exceptional items 31,485 (16,029) (30,956) (1,343)
The Company’s obligations with respect to supplementary pension plans and other post-employment benefits are measured using the actuarial method of projected (1)
unit credits based on end-of-career salaries and employees’ vested rights at the measurement date.
Actuarial gains and losses arising in the year under defined-benefit retirement plans are recognized immediately and in full in the income statement.
The discount rate used was 1.80% in 2016, and 2.40% in 2015.