BP 2005 Annual Report Download - page 94

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92 Making energy more
Notes on financial statements continued
42 Pensions and other post-retirement benefits continued
US post-
UK US retirement
pension pension benefit Other
HISTORY OF EXPERIENCE GAINS AND LOSSES plans plans plans plans Total
2005
Difference between the expected and actual return on plan assets
Amount ($ million) 3,111 96 157 3,364
Percentage of plan assets 13% 1% 0% 7% 10%
Actual return on plan assets
Amount ($ million) 4,567 653 2 280 5,502
Percentage of plan assets 20% 9% 7% 12% 17%
Experience gains and losses on plan liabilities
Amount ($ million) (14) (197) (17) 14 (214)
Percentage of the present value of plan liabilities 0% (2)% 0% 0% (1)%
Total amount recognized in statement of recognized income and expense
Amount ($ million) 1,213 (160) 219 (297) 975
Percentage of the present value of plan liabilities 6% (2)% 6% (4)% 3%
Cumulative amount recognized in statement of recognized income and expense
Amount ($ million) 2,162 (162) 373 (1,215) 1,158
Percentage of the present value of plan liabilities 11% (2)% 11% (16)% 3%
2004
Difference between the expected and actual return on plan assets
Amount ($ million) 818 379 – 152 1,349
Percentage of plan assets 4% 5% 0% 7% 4%
Actual return on plan assets
Amount ($ million) 2,169 905 2 256 3,332
Percentage of plan assets 10% 13% 7% 12% 11%
Experience gains and losses on plan liabilities
Amount ($ million) 83 (22) 33 (562) (468)
Percentage of the present value of plan liabilities 0% 0% 1% (7)% (1)%
Total amount recognized in statement of recognized income and expense
Amount ($ million) 106 249 528 (776) 107
Percentage of the present value of plan liabilities 1% 3% 14% (10)% 0%
Cumulative amount recognized in statement of recognized income and expense
Amount ($ million) 949 (2) 154 (918) 183
Percentage of the present value of plan liabilities 5% 0% 4% (11)% 0%
2003
Difference between the expected and actual return on plan assets
Amount ($ million) 1,639 749 2 2 2,392
Percentage of plan assets 9%11%6%0%9%
Actual return on plan assets
Amount ($ million) 2,692 1,100 4 96 3,892
Percentage of plan assets 14% 16% 12% 6% 14%
Experience gains and losses on plan liabilities
Amount ($ million) 641 30 67 135 873
Percentage of the present value of plan liabilities 4% 0% 2% 2% 2%
Total amount recognized in statement of recognized income and expense
Amount ($ million) 843 (251) (374) (142) 76
Percentage of the present value of plan liabilities 5% (3)% (9)% (2)% 0%
Cumulative amount recognized in statement of recognized income and expense
Amount ($ million) 843 (251) (374) (142) 76
Percentage of the present value of plan liabilities 5% (3)% (9)% (2)% 0%