|
2022 |
2021 |
|
€m |
€m |
Claims provision |
|
|
At beginning of the financial year |
3.3 |
2.2 |
Utilisation of provision |
(0.3) |
- |
(Decrease) / increase in provision |
(0.2) |
1.1 |
At end of the financial year |
2.8 |
3.3 |
|
|
|
Analysed as follows: |
|
|
Current liabilities |
1.7 |
3.1 |
Non-current liabilities |
1.1 |
0.2 |
|
2.8 |
3.3 |
The claims provision comprises;
(i) the insurance excess payable by the Group and Company in a number of potential compensation claims, arising in the normal course of business. Provision is made for incidents reported prior to the reporting date but for which no claim has been received. No provision has been recognised for incidents that may have occurred prior to the reporting date, but which had not been reported to the Group, as based on past experience these are not expected to be material;
(ii) provisions relate to claims lodged and expected to be lodged with the Group based on events which have occurred prior to the reporting date, where a future cash flow is expected to occur.