Nokia 2013 Annual Report Download - page 47

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45
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
The movements in the present value of the defi ned benefi t
obligation, fair value of plan assets and the impact of minimum
Impact of Net
minimum defi ned
Presentvalue Fairvalueof funding/asset benefi t
EURm of obligation plan assets Total ceiling balance
Balance at January 1, 2012 – 1737 1657 – 80 – 2 – 82
Current service cost – 58 — – 58 — – 58
Interest expense (–)/income (+) – 89 84 – 5 — – 5
Past service cost and gains and losses on curtailments 23 — 23 — 23
Settlements 13 – 10 3 — 3
– 111 74 – 37 — – 37
Remeasurements:
Return on plan assets, excluding amounts
included in interest expense (–)/income (+) — 62 62 — 62
Gain from change in demographic assumptions — — — — —
(Loss) from change in fi nancial assumptions – 264 — – 264 — – 264
Experience (losses) – 25 — – 25 — – 25
Change in asset ceiling, excluding amounts
included in interest expense (–)/income (+) — — — – 1 – 1
– 289 62 – 227 – 1 – 228
Exchange diff erences – 7 10 3 — 3
Contributions:
Employers — 50 50 — 50
Plan participants – 14 14 — — —
Payments from plans:
Benefi t payments 68 – 50 18 — 18
Acquired in a business combination 14 – 12 2 — 2
Other movements 3 3 4 — 4
64 15 79 — 79
Balance at December, 2012 – 2073 1 808 – 265 – 3 – 268
Balance at January 1, 2013 – 2073 1808 – 265 – 3 – 268
Transfer to discontinued operations 445 – 516 – 71 — – 71
Current service cost – 44 — – 44 — – 44
Interest expense (–)/income (+) – 54 43 – 11 — – 11
Past service cost and gains and losses on curtailments 5 — 5 — 5
Settlements 12 – 8 4 — 4
– 81 35 – 46 — – 46
Remeasurements:
Return on plan assets, excluding amounts
included in interest expense (–)/income (+) — 15 15 — 15
Gain from change in demographic assumptions 4 — 4 — 4
Gain from change in fi nancial assumptions 93 — 93 — 93
Experience gains 6 — 6 — 6
Change in asset ceiling, excluding amounts
included in interest expense (–)/income (+) — — — – 4 – 4
103 15 118 – 4 114
Exchange diff erences 30 – 27 3 — 3
Contributions:
Employers — 33 33 — 33
Plan participants – 13 13 — — —
Payments from plans:
Benefi t payments 53 – 28 25 — 25
Acquired in a business combination 83 – 72 11 — 11
Other movements — — — — —
153 – 81 72 — 72
Balance at December, 2013 – 1453 1 261 – 192 – 7 – 199
funding/asset ceiling are as follows for continuing operations
in  and for the entire Group in , as restated: