ALTANA

Other Provisions

The employee-related provisions include provisions for employee incentive plans and bonuses. The non-current portion mainly relates to partial retirement (Altersteilzeit) and anniversary benefits and a portion of the severance compensation from the restructuring measures (see note 8).

Provisions for sales and marketing pertain primarily to sales bonuses and commissions. Provisions for warranty cover commitments in connection with goods delivered and services rendered. ALTANA expects that the current portion of the provisions will be utilized during 2016.

The item “other” includes litigation, legal cost and professional fees, provision for taxes other than income taxes and contributions.