AAK Annual Report 2017

75 NOTE 21 – BORROWINGS Group Parent Non-current 2017 2016 2017 2016 Liabilities to banks and credit institutions 2,354 2,857 - - Total 2,354 2,857 - - Group Parent Current 2017 2016 2017 2016 Liabilities to banks and credit institutions 628 217 - - Total 628 217 - - 0DWXULW\ IRU QRQ FXUUHQW ERUURZLQJ LV DV IROORZV Group Parent 2017 2016 2017 2016 Between 1 and 5 years 1,930 2,356 - - More than 5 years 424 501 - - Total 2,354 2,857 - - 127( ± 27+(5 3529,6,216 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 Group Restruc- turing Environ- mental restoration Other Total Opening balance at January 1, 2017 23 26 142 191 Provisions for the year - - 16 16 Provisions claimed for the year -15 - -63 -78 Reversal of unused amounts -8 - -3 -11 Exchange differences 1 1 -4 -2 Closing balance as at December 31, 2017 1 27 88 116 Provisions include 2017 2016 Non-current 63 70 Current 53 121 Total 116 191 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 2017 2016 2017 2016 Employee-related expenses 298 309 36 29 Other 695 590 6 10 Total 993 899 42 39