Registration document 2007 - Total.com

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As of December 31 (in M€) 2006 2005 2004
Pension benefits
Benefit obligation 8,742 9,647 8,117
Fair value of plan assets (6,401) (6,274) (5,362)
Unfunded status 2,341 3 373 2,755
Other benefits
Benefit obligation 648 774 675
Fair value of plan assets - - -
Unfunded status 648 774 675
The Group expects to contribute 324 M€ to its pension plans in 2007.
ESTIMATED FUTURE PAYMENTS (in M€) Pension benefits Other benefits
2007 433 39
2008 449 35
2009 454 36
2010 471 35
2011 484 36
2012-2016 2,597 183
ASSET ALLOCATION Pension benefits
As of December 31 2006 2005
Equity securities 42% 46%
Debt securities 48% 48%
Monetary 6% 3%
Real estate 4% 3%
Group’s assumptions of expected return on assets are built up by asset class and by country based on long term bond yields and risk premiums.
ASSUMPTIONS USED TO DETERMINE
BENEFITS OBLIGATIONS Pension benefits Other benefits
As of December 31 2006 2005 2006 2005
Discount rate 4.69% 4.51% 4.89% 4.56%
Average expected rate of salary increase 4.14% 3.63% - -
Expected rate of healthcare inflation
- Initial rate - - 5.57% 5.41%
- Ultimate rate - - 3.65% 4.00%
ASSUMPTIONS USED TO DETERMINE THE NET PERIODIC
BENEFIT COST (INCOME) Pension benefits Other benefits
As of December 31 2006 2005 2006 2005
Discount rate 4.51% 5.12% 4.56% 5.28%
Average expected rate of salary increase 3.63% 3.66% - -
Expected return on plan assets 6.14% 6.57% - -
Expected rate of healthcare inflation
- Initial rate - - 5.41% 5.70%
- Ultimate rate - - 4.00% 4.15%
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Appendix 1 – Consolidated financial statements
Notes to the consolidated financial statement
TOTAL – Registration Document 2006