Chrysler 2010 Annual Report Download - page 229
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 |
 |
FIAT GROUP
CONSOLIDATED
FINANCIAL
STATEMENTS
AT 31 DECEMBER
2010
NOTES
228
The amounts recognised in the statement of financial position for Employee leaving entitlements in Italy and Pension plans at 31 December 2010 and 2009
are as follows:
Employee leaving entitlements in Italy Pension Plans
At 31 At 31
December December
At 31 December 2010 2009 At 31 December 2010 2009
Continuing Discontinued Continuing Discontinued
(€ million) Operations Operations Total Total Operations Operations Total Total
Present value of funded obligations - - - - 419 1,752 2,171 1,876
Fair Value of plan assets - - - - (327) (1,720) (2,047) (1,796)
- - - - 92 32 124 80
Present value of unfunded obligations 811 198 1,009 1,001 103 633 736 692
Unrecognised actuarial gains (losses) 35 10 45 85 (75) (359) (434) (299)
Unrecognised past service cost - - - - - - - -
Unrecognised assets - - - - - 3 3 6
Net liability 846 208 1,054 1,086 120 309 429 479
Amounts at year end:
Liabilities 846 208 1,054 1,086 128 475 603 611
Assets - - - - (8) (166) (174) (132)
Net liability 846 208 1,054 1,086 120 309 429 479
The amounts recognised in the statement of financial position for Health-care plans and Other post-employment benefits at 31 December 2010 and 2009
are as follows:
Health care plans Other
At 31 At 31
December December
At 31 December 2010 2009 At 31 December 2010 2009
Continuing Discontinued Continuing Discontinued
(€ million) Operations Operations Total Total Operations Operations Total Total
Present value of funded obligations - 815 815 754 - - - -
Fair Value of plan assets - (56) (56) (46) - - - -
- 759 759 708 - - - -
Present value of unfunded obligations 1 43 44 40 127 151 278 258
Unrecognised actuarial gains (losses) 1 49 50 86 (11) (6) (17) (5)
Unrecognised past service cost - 8 8 10 (3) (14) (17) (11)
Unrecognised assets - - - - - - - -
Net liability 2 859 861 844 113 131 244 242
Amounts at year end:
Liabilities 2 859 861 844 113 131 244 242
Assets - - - - - - - -
Net liability 2 859 861 844 113 131 244 242