Annual Report 2010/11 - Sonova

CONSOlIDATED FINANCIAl STATEMENTS 139
The plan assets consist of: 31.3.2011 31.3.2010
Cash 7.8% 10.2%
Domestic bonds 20.9% 24.2%
Foreign bonds 7.8% 6.4%
Domestic equities 18.3% 22.7%
Foreign equities 20.0% 17.2%
Real estates 11.9% 5.9%
Alternative investments 13.3% 13.4%
For determining the expected return on plan assets, historical performances per asset category are taken into consideration.
The actual return on plan assets amounted to CHF 5.6 million (previous year CHF 27.9 million). The expected employer’s
contributions to be paid in the financial year 2011/12 amount to CHF 11.7 million.
Key figures for the current and previous four periods are as follows:
CHF 1,000 31.3.2011 31.3.2010 31.3.2009 31.3.2008 31.3.2007
Present value of defined benefit obligation (198,727) (167,311) (144,956) (133,316) (112,595)
Fair value of plan assets 193,460 167,890 122,205 132,815 115,488
(Deficit)/surplus (5,267) 579 (22,751) (501) 2,893
Experience adjustments on plan liabilities (5,799) (532) 7,526 3,620 (424)
Experience adjustments on plan assets (1,215) 23,870 (30,334) (7,286) (1,523)
DEFINED CONTRIBuTION PlANS
Several of the Group’s entities have a defined contribution plan. The employer’s contributions amounting to CHF 7.0 million
in the year ended March 31, 2011 (previous year CHF 5.3 million) are recognized directly in the income statement.