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16. Provisions

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in thousands of EUR

2017

2016

 

 

 

 

 

 

Building maintenance

1,581

1,614

Other provisions

3,002

1,739

 

 

 

 

 

 

Balance sheet value as at 31 December

4,583

3,353

 

 

 

A provision in the amount of EUR 2.2 million has been made for part of the estimated unavoidable costs to Triodos Bank of dealing with the implications of the UK vote to leave the European Union.

The movement of the provisions is as follows:

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in thousands of EUR

2017

2016

 

 

 

 

 

 

Balance sheet value as at 1 January

3,353

3,438

Addition

2,699

1,599

Withdrawal

–149

–368

Release

–1,222

–1,063

Exchange rate differences

–98

–253

 

 

 

 

 

 

Balance sheet value as at 31 December

4,583

3,353