Asus 2015 Annual Report Download - page 203

199
balance in the aforementioned labor pension reserve account by December 31, every year.
If the account balance is not enough to pay the pension calculated by the aforementioned
method, to the employees expected to qualify for retirement in the following year, the
Company and its domestic subsidiaries will make contribution for the deficit by next
March.
(B) The amounts recognized in the balance sheets are as follows:
(C) Movements in net defined benefit liabilities are as follows:
2015/12/31 2014/12/31
Present value of defined benefit obligations 294,438)($ 213,341)($
Fair value of plan assets 207,438 202,611
Net defined benefit liability 87,000)($ 10,730)($
Present value of Fair value of
defined benefit plan Net defined
obligations assets benefit liability
January 1, 2015 213,341)($ 202,611$ 10,730)($
Current service cost 12,766)( - 12,766)(
Interest (expense) income 4,844)( 3,655 1,189)(
Remeasurements:
Return on plan assets - 1,774 1,774
(excluding amounts included in
interest income or expense)
Change in demographic assumptions 14,323)( - 14,323)(
Change in financial assumptions 10,384)( - 10,384)(
Experience adjustments 17,991)( - 17,991)(
Pension fund contribution - 205 205
Paid pension 807 807)( -
Exchange difference 21,596)( - 21,596)(
December 31, 2015 294,438)($ 207,438$ 87,000)($