Audi 2015 Annual Report Download - page 254

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE BALANCE SHEET
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29 / OTHER LIABILITIES
29.1 / NON-CURRENT OTHER LIABILITIES
EUR million Dec. 31, 2015 Dec. 31, 2014
Advance payments received for service agreements 645 533
Liabilities from other taxes 13 16
Social security liabilities 29 23
Liabilities from payroll accounting 68 54
Miscellaneous liabilities 314 333
Non-current other liabilities 1,069 958
Liabilities with a time to maturity of more than five years
amount to EUR 28 (33) million.
29.2 / CURRENT OTHER LIABILITIES
EUR million Dec. 31, 2015 Dec. 31, 2014
Advance payments received for orders from customers and
for service agreements 538 403
Liabilities from other taxes 216 166
Social security liabilities 126 121
Liabilities from payroll accounting 1,124 1,163
Miscellaneous liabilities 244 155
Current other liabilities 2,249 2,008
30 / PROVISIONS FOR PENSIONS
Provisions for pensions are created on the basis of plans to
provide retirement, disability and surviving dependent bene-
fits. The benefit amounts are generally contingent on the
length of service and the remuneration of the employees.
Both defined contribution and defined benefit plans exist
within the Audi Group for retirement benefit arrangements.
In the case of defined contribution plans, the Company pays
contributions to public or private-sector pension plans on the
basis of statutory or contractual requirements, or on a volun-
tary basis. Payment of these contributions releases the Com-
pany from any other benefit obligations. Current contribution
payments are reported as an expense for the year in question. In
the case of the Audi Group, they totaled EUR 368 (341) million.
Of this, contributions of EUR 343 (319) million were paid in
Germany toward statutory pension insurance.
The retirement benefit systems are based predominantly on
defined benefit plans, whereby a distinction is made between
provision-based systems and externally financed systems. The
provisions for pensions for defined benefit plans are calculated
by independent actuaries in accordance with IAS 19 using the
projected unit credit method. This measures future obligations
on the basis of the pro-rata benefit claims acquired as of the
balance sheet date. The measurement takes account of actuarial
assumptions regarding discounting rates, remuneration and
retirement benefit trends and staff turnover rates. Actuarial
gains and losses result from deviations in what has actually
occurred compared with the assumptions made during the
previous year and from changes in assumptions. They are
reported in equity with no effect on profit or loss during the
period in which they occur as part of revaluations, taking
deferred taxes into account. These revaluations also include
the interest income from plan assets.