BMW 2005 Annual Report Download - page 107

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106
The net obligation from pension plans in Germany, the United Kingdom and other countries changed as
follows:
in euro million Germany
Defined benefit obligation Plan assets Net obligation
2005 2004*2005 2004*2005 2004*
1 January 3,336 2,513 3,336 2,513
Expense from pension
obligations 271 272 271 272
Payments to external funds
Pension payments 67 –59 –67 –59
Actuarial gains (–) and losses (+) 619 563 619 563
Employee contributions
to the deferred remuneration
retirement scheme 75 47 75 47
Translation differences and
other changes
31 December 4,234 3,336 4,234 3,336
in euro million United Kingdom
Defined benefit obligation Plan assets Net obligation
2005 2004*2005 2004*2005 2004*
1 January 5,764 5,564 – 5,086 – 4,744 678 820
Expense from pension obligations 361 357 – 271 – 261 90 96
Payments to external funds –87 112 –87 –112
Pension payments 262 – 281 262 281
Actuarial gains (–) and losses (+) 516 141 – 425 – 267 91 126
Translation differences and other changes 197 –17 177 17 20
31 December 6,576 5,764 – 5,784 – 5,086 792 678
*adjusted in accordance with Note [8] (b)
*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