Audi 2014 Annual Report Download - page 254

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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE BALANCE SHEET
254
>>
30.4 /
ALLOCATION OF THE PRESENT VALUE OF DEFINED BENEFIT OBLIGATION AMONG THE PLAN MEMBERS
EUR million
2014 2013
Active beneficiary employees 3,877 2,663
Former beneficiary employees 159 113
Pensioners 1,705 1,406
Present value on Dec. 31 5,741 4,181
30.5 /
MATURITY PROFILE OF DEFINED BENEFIT OBLIGATION
EUR million
2014 2013
Due within the next fiscal year 114 100
Due within two to five years 510 449
Due after more than five years 5,117 3,632
Present value on Dec. 31 5,741 4,181
The average weighted term during which the Audi Group’s
defined benefit obligation will apply, based on the current
perspective, is 22 (20) years (Macaulay Duration).
30.6 /
FAIR VALUE OF PLAN ASSETS
EUR million
2014 2013
Plan assets on Jan. 1 972 844
Interest income from plan assets 35 28
Income/expense from plan assets not recognized in interest income 36 –2
Employer contributions to the fund 122 110
Employee contributions to the fund 0 0
Pension payments from the fund –9 –8
Effects from transfers 0 0
Currency differences 0 0
Plan assets on Dec. 31 1,156 972
Employer contributions to the fund totaling
EUR 100 (93) million are expected for the following fiscal year.