41.1 Changes in other provisions

Of the additions to provisions for other employee benefits amounting to €652 million, €136 million is attributable to Deutsche Post AG and €10 million to the Deutsche Postbank Group. This provision primarily covers workforce reduction expenses (severance payments, transitional benefits, partial retirement, etc.).

Technical reserves (insurance) mainly include unearned premiums and aggregate policy reserves for the insurance business of BHW Lebensversicherung AG, PB Lebensversicherung AG and PB Versicherung AG. The provisions were reduced to €489 million due to Deutsche Postbank Group selling the insurance companies.

The provision for postage stamps covers outstanding obligations to customers for mail and parcel deliveries from postage stamps sold but still unused by customers, and is based on studies by market research companies. It is measured at the nominal value of the stamps issued.

41.2 Miscellaneous provisions

Provisions for BHW Bausparkasse AG’s home savings business were recognised for the reimbursement of arrangement fees and for interest rate bonuses to be paid retroactively.

Of the tax provisions, €133 million (previous year: €61 million) are accounted for by VAT, €27 million (previous year: €52 million) by customs and duties and €96 million (previous year: €110 million) by other tax provisions.

The provisions for restructuring measures, which relate primarily to termination benefit obligations to employees (partial retirement programmes, transitional benefits) and expenses from the closure of terminals, were recognised as part of the Group-wide STAR value creation and integration programme.

Risks from business activities comprise obligations such as expected losses and warranty obligations.

Miscellaneous other provisions include a large number of individual items, none of which exceeds €30 million.

41.3 Maturity structure