in CHF 1,000 | Note | 2016 | 2015 | Variance | Variance |
|---|---|---|---|---|---|
Credit risks1 | 7,325 | 23,221 | –15,896 | –68.5 | |
Legal and litigation risks |
| 1,219 | 1,084 | 135 | 12.5 |
Other2 |
| 576 | 14,612 | –14,036 | –96.1 |
Release of valuation allowances and provisions no longer required |
| –6,352 | –12,889 | 6,537 | 50.7 |
Total valuation allowances, provisions and losses |
| 2,768 | 26,028 | –23,260 | –89.4 |
- Additions including currency effects.
- Includes restructuring provisions in connection with the Centrum Bank merger, of which CHF 7.9 million for cancellation of an outsourcing contract and CHF 4.1 million for employees, e.g. social plan in 2015.