AAK Annual Report 2016

73 NOTE 21 – BORROWINGS Group Parent Non-current 2016 2016 Liabilities to banks and credit institutions 2,857 2,132 - - Total 2,132 - - Group Parent Current 2016 2016 Liabilities to banks and credit institutions 217 287 - - Total 217 - - Maturity for non-current borrowing is as follows: Group Parent 2016 2016 Between 1 and 5 years 2,356 1,807 - - More than 5 years 501 325 - - Total 2,132 - - 127( ± 27+(5 3529,6,216 Group Restruc- turing Environ- mental restoration Other Total Opening balance at January 1, 2015 75 26 130 231 Provisions for the year - - 47 47 Provisions claimed for the year -42 - -61 -103 Acquired through business combinations - - 38 38 Exchange differences 1 -1 -1 -1 &ORVLQJ EDODQFH DV DW 'HFHPEHU 34 212 Group Restruc- turing Environ- mental restoration Other Total Opening balance at January 1, 2016 34 25 153 212 Provisions for the year - - 45 45 Provisions claimed for the year -10 - -64 -74 Exchange differences -1 1 8 8 Closing balance as at December 31, 2016 23 26 142 191 Provisions include 2016 Non-current 70 62 Current 121 150 Total 191 212 Restructuring A provision for restructuring is reported when the Group has adopted a comprehensive and formal restructuring plan, and the restructuring has either been started or published. No provisions are made for future operating expenses. Environmental restoration These provisions are primarily related to restoring contaminated land. 127( ± $&&58(' (;3(16(6 $1' '()(55(' ,1&20( Group Parent 2016 2016 Employee-related expenses 309 242 29 31 Other 590 430 10 4 Total 672 39