DHL 2006 Annual Report Download - page 142

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Changes in the fair value of plan assets
Changes in the fair value of plan assets1)
2005 2006
€m Germany UK Other
Deutsche
Postbank
Group Total Germany UK Other
Deutsche
Postbank
Group Total
Fair value of plan assets at January 1 1,742 78 1,103 0 2,923 1,791 3,869 1,330 59 7,049
Employer contributions 207 13 51 1 272 217 40 60 16 333
Employee contributions 0 4 13 0 17 0 24 15 0 39
Expected return on plan assets 52 6 68 3 129 53 245 77 16 391
Gains (+)/losses (–) on plan assets 8 12 51 3 58 1 80 –21 1 57
Pension payments –202 –1 40 0 –243 –208 –189 47 –25 469
Transfers 002525400022
Acquisitions 0 3,755 67 0 3,822 0 17 0 316 333
Settlements 0010100505
Currency translation
effects 0 2 16 0 18 0 91 –35 2 58
Fair value of plan assets at December 31 1,791 3,869 1,330 59 7,049 1,852 4,177 1,374 381 7,784
1) Restatement due to Exel purchase price allocation, see Note 3.
e plan assets are primarily composed of xed-income securities, xed-
term deposits, other cash and cash equivalents, etc. (; previous year: ),
equities and investment funds (; previous year: ), real estate (;
previous year: ) and other assets (; previous year: ).  (previous
year: ) of the real estate, which has a fair value of , million (previous
year:  million), is owner-occupied by Deutsche Post AG.
Gains and losses
Experience gains and losses on plan assets
2005
Total
2006
Total
Actual return on plan assets m 187 448
Expected return on plan assets €m 129 391
Experience gains (+)/losses (–)
on plan assets m 58 57
As a proportion of the plan assets
at January 1 %21
Experience gains and losses on defined benefit obligations
2005
Total
2006
Total
Experience gains (+)/losses (–) on
defined benefit obligations €m 12 226
As a proportion of the present value
of defined benefit obligations at
January 1 % 0 –1
Gains (+)/losses (–) in defined
benefit obligation arising from
changes in assumptions €m –1,080 488
As a proportion of the present value
of defined benefit obligations at
January 1 % –11 3
Total actuarial gains (+)/losses (–)
on defined benefit obligations €m 1,068 262
As a proportion of the present value
of defined benefit obligations at
January 1 % –11 2
138
Deutsche Post World Net Annual Report 2006