Audi 2007 Annual Report Download - page 212

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The following amounts were recognized in the Income Statement:
EUR million 2007 2006
Current service cost for services provided by the employees
in the fiscal year – 79 – 71
Past service cost – – 28
Interest cost – 104 – 104
Expected return on plan assets 17 13
Total – 166 – 190
The interest element in pension costs is shown under finance cost. The expected return on
plan assets is also shown under this item.
The provisions for pensions recognized in the Balance Sheet are determined by offset-
ting the present value against the fund assets pursuant to IAS 19. The development of the
net liability recognized as provisions for pensions was as follows:
EUR million 2007 2006
Provisions for pensions on January 1 1,974 2,180
Changes in the consolidated companies
and initial application of IAS 19 8 –
Employee benefit expenses 166 190
Actuarial gains (-) / losses (+) – 51 – 284
Pension payments from company assets – 69 – 61
Contributions paid to external pension funds – 64 – 50
Transfers received from affiliated companies 1 – 1
Transfers made to affiliated companies – 7 1
Currency differences – 1 – 1
Provisions for pensions on December 31 1,957 1,974
of which non-current 1,891 1,913
The experience adjustments, i.e. the effects of differences between actuarial assumptions
and what has actually transpired, are presented in the following table:
% 2007 2006
Difference between anticipated and actual performance
as % of the present value of the obligation – 1.46 0.29
as % of the fair value of the plan assets – 5.26 1.65