english - About Heraeus

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Non-current provisions for personnel costs of € 20.1 million (previous year: € 21.3 million)
relate mainly to anniversary payments. The plan assets for the securing of claims from
partial retirement agreements, as well as obligations from working time accounts and working
time account balances totaling €12.5 million were netted with the provisions for
partial retirement (€10.0 million) and the long-term personnel obligations (€ 2.5 million).
Other provisions developed as follows during the current financial year:
Currency
translation Addition Interest expense Utilization Release
in € million Jan. 1, 2012 deC. 31, 2012
Additional other provisions
for personnel costs 72.4 – 0.3 44.3 1.4 46.9 3.2 67.7
for restructuring 3.7 – 0.1 20.7 – 3.1 – 21.2
for litigation, including legal costs 26.0 – 0.2 3.7 – 17.1 2.3 10.1
for guarantees 12.4 – 4.6 – 5.9 3.3 7.8
for costs for dismantling
and disposal 2.7 – 2.9 0.1 – 0.2 5.5
for others 56.5 – 0.1 15.3 – 12.1 10.5 49.1
Other provisions 173.7 – 0.7 91.5 1.5 85.1 19.5 161.4
(13)
Provisions for pensions and similar obligations
The pension provisions for the defined benefit obligations are determined according to
IAS 19 using the projected unit credit method. Future obligations are measured based
on the pro rata acquired benefit entitlements as of the closing date and the necessary
expenses are distributed over the entire duration of the employee’s employment. Trend
assumptions for the relevant factors that have an impact on the benefit level are considered
in measurement.