18.11.2012 Views

4 - Refresco.de

4 - Refresco.de

4 - Refresco.de

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Movements in the present value of the <strong>de</strong>fined benefit obligations<br />

The composition and changes were as follows:<br />

EUR’000<br />

2009 2008<br />

Defined benefit obligations as at January 1 45,062 47,521<br />

Net transfers in / (out) 604 (58)<br />

Benefits paid by the plan (1,146) (1,574)<br />

Current service costs 2,280 2,018<br />

Interest costs 2,595 2,509<br />

Plan participants contributions 204 187<br />

Past service costs 215 0<br />

Effect of movements in exchange rates 311 (1,622)<br />

Actuarial (gains) / losses 5,143 (3,919)<br />

Defined benefit obligations as at December 31 55,268 45,062<br />

Movements in the fair value of plan assets<br />

The composition and changes were as follows:<br />

EUR’000<br />

2009 2008<br />

Fair value of plan assets as at January 1 (32,699) (35,521)<br />

Net transfers (in) / out (604) 58<br />

Benefits paid by the plan 1,508 1,622<br />

Employer contributions (3,540) (2,392)<br />

Plan participants contributions (204) (307)<br />

Expected return on plan assets (1,521) (1,743)<br />

Effect of movements in exchange rates (343) 1,700<br />

Actuarial (gains) / losses (1,566) 3,884<br />

Fair value of plan assets as at December 31 (38,969) (32,699)<br />

The weighted average returns for the Netherlands, Germany and UK are based on the strategic asset mixes and the<br />

corresponding yields for each asset category.<br />

page _ 90 / 91

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!