Névillane has a constructive obligation to restructure at 31 December 20X5 (closure of its Bellerivane site). Estimated costs: compensation of employees made redundant 1,450,000; termination penalties on the supply contracts of the closed site 180,000; removal of equipment from the closed site 220,000; training of continuing staff 95,000; communication campaign on the new organisation 60,000; new IT system for the remaining sites 300,000. Compute the provision.
- Compensation of employees made redundant
- 1,450,000
- Termination penalties
- 180,000
- Removal of equipment from the closed site
- 220,000
- Training of continuing staff
- 95,000
- Communication campaign
- 60,000
- New IT system
- 300,000