Lenovo 2016 Annual Report Download - page 236

234 Lenovo Group Limited 2015/16 Annual Report
NOTES TO THE FINANCIAL STATEMENTS
35 RETIREMENT BENEFIT OBLIGATIONS (continued)
(c) Additional information on post-employment benefits (pension and medical)
Plan assets of the Group comprise:
2016 2015
Quoted
US$’000
Unquoted
US$’000
Total
US$’000
Quoted
US$’000
Unquoted
US$’000
Total
US$’000
Pension plan
Equity instruments
Information technology 1,933 –1,933 556 –556
Energy 358 –358 284 –284
Manufacturing 3,805 –3,805 530 –530
Others 4,771 –4,771 7,518 9 7,527
10,867 –10,867 8,888 9 8,897
Debt instruments
Government 49,895 –49,895 27,209 37 27,246
Corporate bonds
(investment grade) 46,032 –46,032 45,446 245,448
Corporate bonds
(Non-investment grade) 1,366 –1,366 12 214
97,293 –97,293 72,667 41 72,708
Others
Property –14,831 14,831 –3,770 3,770
Qualifying insurance policies –58,455 58,455 –56,132 56,132
Cash and cash equivalents 20,274 –20,274 14,800 –14,800
Investment funds –35,322 35,322 89 126,401 126,490
Structured bonds –55,600 55,600 –––
Others –100 100 675 757 1,432
20,274 164,308 184,582 15,564 187,060 202,624
128,434 164,308 292,742 97,119 187,110 284,229
Medical plan
Cash and cash equivalents 4,189 –4,189 5,333 –5,333
The long term strategic asset allocations of the plans are set and reviewed from time to time by the plans’
trustees taking into account the membership and liability profile, the liquidity requirements of the plans.
The weighted average duration of the defined benefit obligation is 15 years.