BMW 2005 Annual Report Download - page 105

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The changes in the pension provision and the
pension asset (reimbursement claims or right to
reduce future contributions to the funds) as disclosed
in the balance sheet can be derived as follows:
in euro million Germany UK Other Total
2005 2004*2005 2004*2005 2004*2005 2004*
Balance sheet amounts at 1.1. 3,336 2,513 678 820 180 165 4,194 3,498
Expense from pension obligations 271 272 90 96 36 36 397 404
Pension payments or transfers
to external funds – 67 –59 –87 – 112 –27 –25 – 181 – 196
Actuarial gains (–) and losses (+)
on defined benefit obligations 619 563 516 141 –4 17 1,131 721
Actuarial gains (–) and losses (+)
on plan assets – –– 425 – 267 12– 424 – 265
Employee contributions to the
deferred remuneration retirement
scheme 75 47 ––––75 47
Transfer of obligations to
non-consolidated entities – –––––––
Translation differences on
foreign pension plans – –20 –16 –15 36 –15
Balance sheet amounts at 31.12. 4,234 3,336 792 678 202 180 5,228 4,194
thereof pension provision 4,234 3,336 819 707 202 181 5,255 4,224
thereof pension asset (–) – ––27 –29 ––1 –27 –30
*adjusted in accordance with Note [8] (b)
Group Financial Statements 62
Income Statements 63
Balance Sheets 64
Cash Flow Statements 66
Group Statement of
Changes in Equity 68
Statement of Income and Expenses
recognised directly in Equity 69
Notes 70
--Accounting Principles
and Policies 70
--Notes to the Income Statement 81
--Notes to the balance sheet 90
--Other Disclosures 114
--Segment Information 121
Auditors’ Report 125