Audi 2015 Annual Report Download - page 256

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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE BALANCE SHEET
256 >>
30.3 / SENSITIVITY ANALYSES
Present value of defined benefit pension obligation if Dec. 31, 2015 Dec. 31, 2014
EUR million in % EUR million in %
Discount rate +0.5 percentage points 5,000 – 9.29% 5,184 – 9.70%
– 0.5 percentage points 6,105 10.76% 6,390 11.30%
Remuneration trend + 0.5 percentage points 5,606 1.70% 5,845 1.81%
– 0.5 percentage points 5,425 – 1.59% 5,644 – 1.69%
Retirement benefit trend + 0.5 percentage points 5,830 5.77% 6,091 6.09%
– 0.5 percentage points 5,222 – 5.26% 5,424 – 5.52%
Life expectancy +1 year 5,656 2.61% 5,900 2.77%
A change of half a percentage point in each case in the key
actuarial assumptions used to calculate the present value of
the defined benefit pension obligation would result in the
effects shown in the table.
The sensitivity analyses take into account a changed assumption
in each case, although the other assumptions remain unchanged
compared with the original calculation, meaning that potential
correlation effects between the individual assumptions are not
taken into account.
To investigate the sensitivity of the present value of the defined
benefit obligation to any change in the assumed life expectancy,
the expected mortality rate is reduced on a scale that is roughly
equivalent to an increase in life expectancy of one year.
30.4 / ALLOCATION OF THE PRESENT VALUE OF DEFINED BENEFIT OBLIGATION AMONG THE PLAN MEMBERS
EUR million 2015 2014
Active beneficiary employees 3,646 3,877
Former beneficiary employees 139 159
Pensioners 1,726 1,705
Present value as of Dec. 31 5,512 5,741
30.5 / MATURITY PROFILE OF DEFINED BENEFIT OBLIGATION
EUR million 2015 2014
Due within the next fiscal year 119 114
Due within two to five years 545 510
Due after more than five years 4,848 5,117
Present value as of Dec. 31 5,512 5,741
The average weighted term during which the Audi Group’s
defined benefit obligation will apply, based on the current
perspective, is 21 (22) years (Macaulay Duration).