Chrysler 2010 Annual Report Download - page 232

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The present value of the defined benefit obligations, the fair value of plan assets and the surplus or deficit of the plans at the end of 2010 and the four previous
years are as follows:
At 31 At 31 At 31 At 31
December December December December
At 31 December 2010 2009 2008 2007 2006
Continuing Discontinued
(€ million) Operations Operations Total Total Total Total Total
Present value of obligation:
Employee leaving entitlements in Italy 811 198 1,009 1,001 1,062 1,133 1,362
Pension plans 522 2,385 2,907 2,568 2,267 2,730 3,107
Health care plans 1 858 859 794 848 817 1,109
Others 127 151 278 258 288 279 278
Fair value of plan assets:
Pension plans 327 1,720 2,047 1,796 1,554 2,036 2,176
Health care plans - 56 56 46 39 47 -
Surplus (deficit) of the plan:
Employee leaving entitlements in Italy (811) (198) (1,009) (1,001) (1,062) (1,133) (1,362)
Pension plans (195) (665) (860) (772) (713) (694) (931)
Health care plans (1) (802) (803) (748) (809) (770) (1,109)
Others (127) (151) (278) (258) (288) (279) (278)
The best estimate of expected contribution to pension and health care plan for 2011 is as follows:
2011
(€ million) Continuing Operations Discontinued Operations Total
Pension plans 4 85 89
Health care plans - 60 60
Total expected contribution 4 145 149
25. Other provisions
Changes in Other provisions are as follows:
Reclassified
At 31 to Discon- At 31
December Release Other tinued December
(€ million) 2009 Charge Utilisation to income changes Operations 2010
Warranty provision 1,479 1,316 (1,100) (107) 84 (702) 970
Restructuring provision 359 115 (171) (12) 4 (93) 202
Investment provision 50 - - - (1) (23) 26
Other risks 3,097 3,718 (3,253) (208) 108 (1,440) 2,022
Total Other provisions 4,985 5,149 (4,524) (327) 195 (2,258) 3,220
The effect of discounting these provisions, €28 million in 2010, has been wholly included in Profit/(loss) from Continuing Operations; this has been included
in Other changes together with exchange gains of €186 million.