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## Provisions 

Restructuring projects comprise expected costs directly linked to the restructuring. These costs are typically recognised in special items and provided for as provisions. The restruc- turing provisions are calculated on the basis of detailed plans announced to the parties concerned and relate mainly to termination benefits to employees made redundant. 

In 2013, restructuring provisions amounted to DKK 439m. The provisions related primarily 

## 3.2  SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGEMENTS 

In connection with large restructurings, management assesses the timing of costs to be incurred, which influences the classi- fication as current or non-current liabilities. Provision for losses on onerous procure- ment contracts is based on agreed terms with the supplier and expected fulfilment of the contract based on the current esti- mate of volumes and use of raw materi- als. Warranty provisions are based on the substance of the agreements entered into, 

to the restructuring of Ringnes, due to the switch to one-way recyclable packaging, cf. above, and to Feldschlösschen, Carlsberg Italia and Brasseries Kronenbourg. 

Other provisions totalling DKK 1,350m (2012: DKK 1,162m) related primarily to profit sharing in France, employee obligations other than retirement benefits, and ongoing disputes, lawsuits etc. 

including the guarantees issued covering customers in the on-trade. Management assesses provisions, contingent assets and contingent liabilities, and the likely outcome of pending or probable lawsuits etc. on an ongoing basis. The outcome depends on future events, which are by nature uncertain. In assessing the likely outcome of lawsuits and tax disputes etc., management bases its assessment on external legal assistance and established precedents. 

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