(1) Provisions are to be formed for contingent liabilities and for anticipated losses on pending transactions. Furthermore, provisions are to be formed for:
1. Expenditures for maintenance and repairs not performed in the financial year, insofar as they will be incurred retroactively within the first three months of the subsequent financial year, or expenditures for the removal of overburden that will be incurred retroactively in the subsequent financial year,
2. warranty services provided without a legal obligation.
(2) Provisions may not be formed for other purposes than those set out in subsection (1). Provisions may be reversed only insofar as the reason for which they were formed has ceased to exist.