Notes to the
consolidated
financial statements
continued
23 Pensions and other post-employment benefits continued
24 Provisions
Overview
Business review
Governance
Financials
Investors
Ahold Delhaize Annual Report 2016
Other
Total
16
31
Defined contribution plans
Ahold Delhaize also participates in 41 multi-employer plans that are defined contribution plans on the basis of the terms of the benefits provided.
The majority of these plans provide health and welfare benefits. The Company contributed €276 million and €270 million to multi-employer
defined contribution plans during both 2016 and 2015, respectively. These contributions are recognized as an expense in the consolidated income
statement and related entirely to continuing operations in 2016 and 2015. These plans vary significantly in size, with contributions to the three
largest plans representing 53% of total contributions.
As of January I, 2017
Current portion
Non-current portion
1 Balances for the prior year have been adjusted as a result of the change in presentation of unfavorable lease-related liabilities recognized upon an acquisition. Historically these liabilities
have been presented as onerous contract provisions, however, because these liabilities do not have uncertainty with respect to amount and timing, they are now being presented as other
liabilities (see Notes 3 and 25).
261
624
Loyalty
programs
15
16
3
78
Severance and
termination
benefits
51
34
Onerous
contracts1
32
114
21
65
383
931
(21)
(2)
5
75
(8)
(4)
1
50
67
(60)
(6)
11
86
(37)
(13)
5
(1)
11
28
(2)
(2)
224
169
(206)
(11)
10
(3)
The table below specifies the changes in total provisions (current and non-current):
Self- Claims
insurance Loyalty and legal
program programs disputes
Year ended January I, 2017
Additions charged to income
Acquisitions through business combinations
Used during the year
Released to income
Interest accretion
Effect of changes in discount rates
Other movements
Exchange rate differences
Closing carrying amount
14
24
38
26
3
29
23
66
89
4
44
48
248
639
887
172
500
672
30
885
1
81
9
2
11
3
2
85
6
146
1
2
86
317
425
(334)
(38)
16
(4)
4
41
1,314
million
As of January 3, 2016
Current portion
Non-current portion
Carrying amount
