29. Provisions

in thousands of EUR

Legal and regulatory

Warranty

Long-term incentive plans

Other employee-related

Other

Total

At 1 January 2014

4,373

7,215

33,742

2,406

11,620

59,356

Acquisitions

385

41

-

258

565

1,249

Addition to provision

2,061

3,226

40,246

2,319

558

48,410

Reversal of provision

- 1,998

- 989

- 32,271

- 259

- 2,363

- 37,880

Utilized during the year

- 143

- 1,563

- 4,450

- 365

- 1,810

- 8,331

Other movements

- 28

- 286

-

-

- 5,862

- 6,176

Exchange differences

-

- 31

9

- 5

- 31

- 58

At 31 December 2014

4,650

7,613

37,276

4,354

2,677

56,570

Non-current

1,623

5,179

17,530

2,453

942

27,727

Current

3,027

2,434

19,746

1,901

1,735

28,843

At 31 December 2014

4,650

7,613

37,276

4,354

2,677

56,570

At 1 January 2015

4,650

7,613

37,276

4,354

2,677

56,570

Addition to provision

18,804

3,502

2,440

1,457

911

27,114

Reversal of provision

- 1,353

- 468

- 28,278

- 479

- 565

- 31,143

Utilized during the year

- 134

- 2,412

- 9,809

- 964

- 511

- 13,830

Other movements

-

391

- 818

-

- 391

- 818

Exchange differences

- 294

6

65

- 74

- 131

- 428

At 31 December 2015

21,673

8,632

876

4,294

1,990

37,465

Non-current

1,870

5,810

-

2,750

852

11,282

Current

19,803

2,822

876

1,544

1,138

26,183

At 31 December 2015

21,673

8,632

876

4,294

1,990

37,465

Legal and regulatory

In June 2009, the French Competition Authority (“FCA”) began investigations into certain optical suppliers and optical retailers active in the branded sunglasses and branded frames sector in France, including the Group. The authorities are investigating whether these parties have entered into vertical restraints in relation to the distribution of branded sunglasses and branded frames. This investigation is ongoing. In May 2015, the Company received a statement of objections (‘notification de griefs’) from the FCA, which contains the FCA’s preliminary position on alleged anti-competitive practices and does not prejudice its final decision. If the FCA concludes that there was a violation, it will impose a fine, which may be contested in court. GrandVision has examined the FCA’s preliminary findings reported in the statement of objections and an adequate provision has been booked by the Group in 2015 determined by an assessment of the probability and amount of potential liability.

Secondly, the provision increased in 2015 as a result of the Group's ongoing tax risk management process in which it determines potential fiscal claims on VAT and wage tax in various countries.

Warranty

The Group often provides a warranty along with the sales of its products. Warranty provision exists to cover possible future expenses that may be incurred rectifying defects in, or providing replacements for, products the Group has sold.

Long-term incentive plans

Refer to note 30.

Other employee-related

The provisions mostly relate to employee termination benefits.

Other provisions

'Other provisions' mostly includes decommissioning liability for returning a store or office to its original state.