Mercedes 2008 Annual Report Download - page 192
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188
Net pension cost (income). The components of net pension
cost (income) for the continued and discontinued operations
were as follows:
Expected payments. In 2009, Daimler expects to make cash
contributions of €0.1 billion to its pension plans. In addition,
the Group expects to make pension benefit payments of €0.1
billion under pension benefit schemes without plan assets.
Defined pension contribution plans
At Daimler, the payments made under defined pension contri-
bution plans are primarily related to government-run pension
plans. In 2008, the total cost from payments made under defined
contribution plans amounted to €1.0 billion (2007: €1.2 billion;
2006: €1.1 billion).
Other post-employment benefits
Certain foreign subsidiaries of Daimler in North America, provide
post-employment health and life-insurance benefits with defined
entitlements to their employees, which have to be accounted for
as defined benefit plans. As a result of the deconsolidation of the
Chrysler activities in 2007, the Group’s benefit obligations and
net benefit costs under other post-employment benefit plans are
no longer material to the Group’s continuing operations.
2006
Non-
German
plans
German
plansTotal
2007
Non-
German
plans
German
plansTotal
2008
Non-
German
plans
German
plansTotal
464
1,290
(1,809)
–
73
18
27
45
365
582
(790)
1
–
158
85
243
829
1,872
(2,599)
1
73
176
112
288
275
770
(1,154)
(38)
46
(101)
23
(78)
334
651
(862)
–
–
123
(2)
121
609
1,421
(2,016)
(38)
46
22
21
43
76
109
(119)
(1)
1
66
3
69
272
715
(782)
–
(121)
84
–
84
348
824
(901)
(1)
(120)
150
3
153
Current service cost
Interest cost
Expected return on plan assets
Amortization of net actuarial (gains)/losses
Past service cost/(income)
Net periodic pension cost/(income)
Curtailments and settlements
Net pension cost/(income)
in millions of €