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Notes to the Group’s Financial Statements

30 Provisions
P&C insurance
EURm 2013
At 1 Jan. 2013 56
Exchange rate differences -3
Additions 13
Amounts used during the period -7
Unused amounts reversed during the period -1
At 31 Dec. 2013 58
Current (less than 1 year) 52
Non-current (more than 1 year) 7
Total 58
EURm 22 of the provision consist of assets reserved for the development of efficient administrative and claims-adjustment processes and structural changes in distribution channels result in organisational changes that affect all business areas. In addition, the item includes a provision of about EURm 33 for law suits and other uncertain liabilities.
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