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Provisions
12 Months Ended
Dec. 31, 2023
Text block [abstract]  
Provisions
25. Provisions
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
         
Million US dollar
  
Restructuring
 
  
    Disputes
 
 
     Other
 
 
     Total
 
Balance at 1 January 2023
  
 
51
 
  
 
436
 
 
 
85
 
 
 
572
 
Effect of movements in foreign exchange
  
 
1
 
  
 
16
 
 
 
(3
 
 
14
 
Provisions made
  
 
31
 
  
 
132
 
 
 
-
 
 
 
163
 
Provisions used
  
 
(14)
 
  
 
(86
 
 
(19
 
 
(119
Provisions reversed
  
 
-
 
  
 
(42
 
 
-
 
 
 
(42
Other movements
  
 
-
 
  
 
20
 
 
 
(19
 
 
1
 
Balance at 31 December 2023
  
 
69
 
  
 
476
 
 
 
44
 
 
 
589
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
         
Million US dollar
  
Restructuring
 
 
    Disputes
 
 
     Other
 
 
     Total
 
Balance at 1 January 2022
  
 
80
 
 
 
420
 
 
 
106
 
 
 
605
 
Effect of movements in foreign exchange
  
 
(5
 
 
(11
 
 
(2
 
 
(18
Provisions made
  
 
37
 
 
 
157
 
 
 
32
 
 
 
226
 
Provisions used
  
 
(37
 
 
(109
 
 
-
 
 
 
(147
Provisions reversed
  
 
-
 
 
 
(21
 
 
-
 
 
 
(22
Other movements
  
 
(23
 
 
1
 
 
 
(50
 
 
(73
Balance at 31 December 2022
  
 
51
 
 
 
436
 
 
 
85
 
 
 
572
 
The restructuring provisions are primarily explained by the organizational alignments - see also Note 8
Exceptional items
. Provisions for disputes mainly relate to various disputed taxes other than income taxes and to claims from former employees.
 
The provisions are expected to be settled within the following time windows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
       
Million US dollar
  
Due within one year
 
  
  Due after one year
 
  
         Total
 
Restructuring
  
 
56
 
  
 
13
 
  
 
69
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Indirect taxes
  
 
24
 
  
 
79
 
  
 
103
 
Labor
  
 
34
 
  
 
71
 
  
 
105
 
Commercial
  
 
50
 
  
 
24
 
  
 
74
 
Excise duties
  
 
2
 
  
 
19
 
  
 
21
 
Other disputes
  
 
81
 
  
 
92
 
  
 
173
 
Disputes
  
 
191
 
  
 
285
 
  
 
476
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Other provisions
  
 
23
 
  
 
21
 
  
 
44
 
Total provisions
  
 
270
 
  
 
319
 
  
 
589