The carrying amount at the beginning and end of the period.
Additions during the period, including adjustments that result from changes in measuring the discounted amount.
Amounts charged against the provision during the period.
Used amounts which can be reversed at the end of the reporting period
The carrying amount at the beginning and end of the period is the initial balance and final balance of the provision account, respectively.
Additions during the period may include additional funds set aside for the provision, as well as adjustments due to changes in estimated obligations or discount rates.
Amounts charged against the provision during the period refer to any expenses or losses that were recorded against the provision account as liabilities were settled or future obligations were recognized.
Used amounts which can be reversed at the end of the reporting period are any unused funds from the provision that were not needed to cover obligations and can be reversed or released back into income or equity.