| Central
Europe exit
£m | Property
related
£m | Other
trading
£m | Total
£m |
|---|
| At 30 March 2012 | 0.3 | 9.2 | 1.8 | 11.3 |
| Charged during the period | — | 3.9 | 1.2 | 5.1 |
| Utilised during the period | (0.3) | (2.5) | (1.0) | (3.8) |
| Released during the period | — | (1.0) | — | (1.0) |
| At 29 March 2013 | — | 9.6 | 2.0 | 11.6 |
| Analysed as: | | | | |
| Current liabilities | — | 6.0 | 1.4 | 7.4 |
| Non-current liabilities | — | 3.6 | 0.6 | 4.2 |
The Central Europe exit provision represents the costs associated with the closure of all seven stores trading in the Czech Republic and Poland.
Property related provisions consist of costs associated with vacant property, rent reviews and dilapidations. Also included are prior period non-recurring costs (note 5) relating to liabilities in respect of previous assignments of leases where the lessee has entered into administration subsequent to the period end. In the current year the continued settlement of the Group's guarantor obligations has resulted in a release of £1.0m (2012: £1.9m) of the original amounts provided.
Other trading provisions comprise a sales returns provision and a provision for the costs associated with the cessation of the stand-alone cycle concept, including closure of stores where necessary.
Restructuring provisions
A provision for restructuring is recognised when the Group has approved a detailed and formal restructuring plan, and the restructuring either has commenced or has been announced publicly. Future operating losses are not provided for.
Key assumptions within the Central Europe exit provision were the timing of the exit from leases that were contracted into, the timing of redundancies and the extent of dilapidation costs. The sensitivities to these assumptions were not considered material due to the time value of money being minimal over the period over which the costs would be incurred.
Property related provisions
A provision for vacant properties is recognised when the expected benefits to be derived by the Group from a contract are lower than the unavoidable cost of meeting its obligations under the contract. The provision is measured at the present value of the lower of the expected cost of terminating the contract and the expected net cost of continuing with the contract. Before a provision is established, the Group recognises any impairment loss on the assets associated with that contract. The main uncertainty is the timing of the amounts payable, and the time value of money has been incorporated into the provision amount to take account of this sensitivity.
Provision is also made for loss-making stores and autocentres which management does not expect to become profitable.
A rent review provision is recognised when there are expected to be additional obligations as a result of the rent review, which forms part of the Group's unavoidable cost of meeting its obligations under the lease contracts. The provision is based on management's best estimate of the rent payable after the review.
Key uncertainties are the estimate of the rent payable after the review has occurred. Sensitivity to this uncertainty is not expected to be material to the provision in total.
A dilapidations provision is recognised when there is an expectation of future obligations relating to the maintenance of leasehold properties arising from events such as lease renewals or terminations.
Key uncertainties are the estimates of amounts due. Sensitivity to this uncertainty is not expected to be material to the provision in total.