Sampo Group’s Online Annual Report 2012 and Sampo’s video ‘25 Years as a Listed Company’ have been granted the international Red Dot Communication Design 2013 Awards.

Red Dot design award winner 2013

Notes to the Group’s financial statements

30 Provisions
Download as Excel        
P&C insurance
EURm       2012
  At 1 Jan. 2012       37
  Exchange rate differences       2
  Additions       26
  Amounts used during the period       -7
  Unused amounts reversed during the period       -3
  At 31 Dec. 2012       56
  Current (less than 1 year)       49
  Non-current (more than 1 year)       7
  Total       56
The development of efficient administrative and claims-adjustment processes and structural changes in distribution channels result in organisational changes that affect all business areas. The provision consists mainly of assets reserved for future expenses attributable to previously implemented or planned future organisational changes.