DHL 2008 Annual Report Download - page 171

Deutsche Post World Net Annual Report 2008
Consolidated Financial Statements
Notes
The total actuarial gains and losses on defined bene-
 t obligations are recognised with the amounts of the Deutsche
Postbank Group included.
€ m 2005 2006 2007 2008
Total Total Total Total
Experience gains (+) / losses (–) on defi ned
benefi t obligations 12 – 226 116 11
Gains (+) / losses (–) on defi ned benefi t
obligations arising from changes in
assumptions – 1,080 488 1,298 635
Total actuarial gains (+) / losses (–) on
defi ned benefi t obligations – 1,068 262 1,414 646
Excluding the amounts of the Deutsche Postbank Group
would result, in  nancial year , in experience gains on de ned
bene t obligations of   million (previous year:   million), gains
on de ned bene t obligations of   million arising from changes
in assumptions (previous year:  , million) and   million of
total actuarial gains on de ned bene t obligations (previous year:
 , m i ll ion).
44.8 Gains and losses
 e gains and losses are recognised with the amounts of the
Deutsche Postbank Group included.
€ m 2005 2006 2007 2008
Total Total Total Total
Actual return on plan assets 187 448 473 – 632
Expected return on plan assets 129 391 439 415
Experience gains (+) / losses (–)
on plan assets 58 57 34 – 1,047
Excluding the amounts of the Deutsche Postbank Group
would result in an actual return on plan assets of –  million
for  nancial year  (previous year:   million), an expected
return on plan assets of   million (previous year:   million)
and experience gains (+) / losses (–) on plan assets of – , million
(previous year:   million).
€ m
United
Kingdom
Deutsche
Germany Others
Postbank
Group Total
2008
Net pension provisions at 1 January 4,383 140 76 1,143 5,742
Pension expense 399 357 78 537
Benefi t payments – 301 – 1 – 12 – 67 – 381
Employer contributions – 215 – 56 – 44 – 7 – 322
Employee contributions 14 0 0 3 17
Acquisitions / divestitures 0 0 – 5 0– 5
Transfers 19 2– 4 – 1 16
Currency translation effects 0– 25 – 7 0– 32
Net pension provisions at 31 December 4,299 63 61 1,149 5,572
Reclassifi cation in accordance with IFRS 5 0 0 0 – 1,149 – 1,149
Net pension provisions at 31 December 4,299 63 61 04,423
2007
Net pension provisions at 1 January 4,524 174 125 1,115 5,938
Pension expense 343 39 – 1 81 462
Benefi t payments – 291 – 1 – 16 – 45 – 353
Employer contributions – 200 – 67 – 45 – 16 – 328
Employee contributions 9 0 0 3 12
Acquisitions 211 6 5 24
Transfers – 4 0 6 0 2
Currency translation effects 0– 16 1 0 – 15
Net pension provisions at 31 December 4,383 140 76 1,143 5,742
44.9 Changes in net pension provisions
Payments amounting to   million are expected with
regard to net pension provisions in  (  million of this relates
to the Group’s expected direct pension payments and   million
to expected employer contributions to pension funds, excluding the
Deutsche Postbank Group).
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