Volvo 2002 Annual Report Download - page 65

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Sweden
Pensions United States France Great Britain US other
Obligations in defined benefit plans (ITP plan) Pensions Pensions Pensions benefits
Obligations at December 31, 2000 3,768 2,437 – 1,347 1,143
Acquisitions and divestments, net – 8,693 2,554 – 5,657
Service costs 97 286 30 56 88
Interest costs 198 847 143 86 513
Plan amendments – 273 – – 394
Termination benefits – 263 139 – 129
Curtailments – (60) – – (13)
Employee contributions – – – 18 –
Actuarial (gains) and losses 99 1 37 41 32
Exchange rate translation – 1,349 163 125 829
Benefits paid (99) (876) (354) (73) (551)
Obligations at December 31, 2001 4,063 13,213 2,712 1,600 8,221
Acquisitions and divestments, net – 1–––
Service costs 169 239 24 48 70
Interest costs 209 831 134 89 509
Plan amendments – 368 – – (105)
Termination benefits 24 – 44 – –
Curtailments – (26) (8) – (6)
Employee contributions – – – 17 –
Actuarial (gains) and losses (366) 157 133 94 145
Exchange rate translation – (2,346) (65) (143) (1,424)
Benefits paid (105) (896) (492) (42) (579)
Obligations at December 31, 2002 3,994 11,541 2,482 1,663 6,831
Sweden
Pensions United States France Great Britain US other
Fair value of plan assets in funded plans (ITP plan) Pensions Pensions Pensions benefits
Plan assets at December 31, 2000 3,661 2,392 – 1,363 –
Acquisitions and divestments, net – 8,709 – – 355
Actual return on plan assets (162) (810) – (140) 12
Employer contributions 14 109 – 42 211
Employee contributions – – – 17 –
Exchange rate translation – 1,268 – 115 34
Benefits paid – (914) – (73) (475)
Plan assets at December 31, 2001 3,513 10,754 – 1,324 137
Actual return on plan assets (358) (1,516) – (208) 1
Employer contributions – 60 – 56 97
Employee contributions – – – 17 –
Exchange rate translation – (1,641) – (108) (19)
Benefits paid – (887) – (42) (144)
Plan assets at December 31, 2002 3,155 6,770 – 1,039 72