The Ondavelle group is consolidating its logistics activities and closing three warehouses; the constructive obligation exists at the reporting date. Data: severance payments 2,760,000; warehouse closure costs 410,000; operating losses expected from the warehouses until closure 530,000 (no onerous contract); gain expected on the sale of a warehouse 900,000; relocation of continuing staff to the new site 140,000. What amount should be provided for?
- Severance payments
- 2,760,000
- Warehouse closure costs
- 410,000
- Operating losses until closure
- 530,000
- Gain expected on the sale
- 900,000
- Relocation of continuing staff
- 140,000