BMW 2006 Annual Report Download - page 98

Download and view the complete annual report

Please find page 98 of the 2006 BMW annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 197

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197

97
financed by the individual. The pension benefits in
the United Kingdom therefore contain contributions
made by the employee.
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
2006 2005 2006 2005 2006 2005
1 January 4,234 3,336 4,234 3,336
Expense from pension obligations 329 271 329 271
Payments to external funds
Pension payments 72 67 –72 –67
Actuarial gains () and losses (+) 167 619 167 619
Employee contributions to the deferred remuneration
retirement scheme 87 75 87 75
Translation differences and other changes 1 1
31 December 4,412 4,234 4,412 4,234
in euro million United Kingdom
Defined benefit obligation Plan assets Net obligation
2006 2005 2006 2005 2006 2005
1 January 6,576 5,764 5,784 5,086 792 678
Expense from pension obligations 371 361 300 271 71 90
Payments to external funds 98 87 98 –87
Pension payments 278 262 278 262
Actuarial gains () and losses (+) 241 516 98 425 339 91
Translation differences and other changes 140 197 132 177 820
31 December 6,568 6,576 6,134 5,784 434 792
in euro million Other countries
Defined benefit obligation Plan assets Net obligation
2006 2005 2006 2005 2006 2005
1 January 427 353 233 180 194 173
Expense from pension obligations 59 48 14 12 45 36
Payments to external funds 51 27 51 –27
Pension payments 10 –9 654 –4
Actuarial gains () and losses (+) 8 –4 19 1–11 –3
Translation differences and other changes 34 39 13 –20 21 19
31 December 450 427 298 233 152 194