DHL 2009 Annual Report Download - page 183

. Changes in the fair value of plan assets
 m
Germany  Other
Deutsche
Postbank
Group Total

Fair value of plan assets at  January 1,992 2,594 1,257 – 5,843
Employer contributions 203 62 57 – 322
Employee contributions 0 4 13 – 17
Expected return on plan assets 76 188 71 – 335
Gains (+) / losses (–) on plan assets 9 138 27 – 174
Benefi t payments –207 –160 – 90 –– 457
Transfers 0 5 1 – 6
Acquisitions 000–0
Settlements 000–0
Currency translation effects 0 229 3 – 232
Fair value of plan assets at  December 2,073 3,060 1,339 – 6,472

Fair value of plan assets at  January 1,914 4,048 1,418 392 7,772
Employer contributions 215 56 44 7 322
Employee contributions 0 21 13 0 34
Expected return on plan assets 74 243 82 16 415
Gains (+) / losses (–) on plan assets – 8 –760 –273 – 6 –1,047
Benefi t payments –203 –162 – 62 –17 – 444
Transfers 0 36 0 0 36
Acquisitions 0 0 0 0 0
Settlements 0 0 –11 0 –11
Currency translation effects 0– 888 46 0 – 842
Fair value of plan assets at  December 1,992 2,594 1,257 392 6,235
Reclassifi cation in accordance with   0 0 0 –392 –392
Fair value of plan assets at  December 1,992 2,594 1,257 0 5,843
Following the negative returns in the previous year due to the
crisis on the  nancial markets, all major plans generated positive
returns in  nancial year .  e total return (before exchange
gains) was at approximately   (around   million). Exchange
gains in the British bene t plans in particular increased the plan
assets expressed in euros additionally by around   (around
  million). An equally large loss is, however, recognised on the
bene t obligations.
 e plan assets are composed of  xed-income securities ( ;
previous year:  ), equities and investment funds ( ; previous
year:  ), real estate ( ; previous year:  ), cash and cash
equivalents ( ; previous year:  ), insurance contracts ( ;
previous year:  ) and other assets ( ; previous year:  ).  
(previous year:  ) of the real estate has a fair value of  , mil-
lion (previous year:  , million) and is owner-occupied by
Deutsche Post .
. Funded status
Until  nancial year , the funded status is recognised with
the amounts of Deutsche Postbank Group included.
 m 2005
Total
2006
Total
2007
Total
2008
Total
2009
Total
Present value of defi ned benefi t
obligations at  December 14,501 15,205 13,529 12,246 11,664
Fair value of plan assets
at  December –7,049 –7,784 –7,772 – 6,235 – 6,472
Funded status 7,452 7,421 5,757 6,011 5,192
Excluding the amounts of Deutsche Postbank Group would
have resulted in a present value of de ned bene t obligations of
 , million as at  December , a fair value of plan assets
of  , million and a funded status of  , million in total.
Deutsche Post DHL Annual Report 
166