DHL 2013 Annual Report Download - page 182

A wide variety of other dened benet plans in the Group are
to be found in the Netherlands, Switzerland, the  and a large
number of other countries.
In the Netherlands, collective agreements require that those
employees who are not covered by a sector-specic plan participate
in a dedicated dened benet plan. is nal salary scheme pro-
vides for monthly pension payments that increase in line with the
agreed salary increases on the one hand and the funds available for
such increases on the other.
In Switzerland, employees receive an occupational pension in
line with statutory requirements, depending on the contributions
paid, an interest rate that is xed each year, certain annuity factors
and any pension increases specied.
In the , the companies’ dened benet plans have been
closed to new entrants and accrued entitlements have been frozen.
e Group companies in these three countries primarily use
joint funding institutions within the Group. In the Netherlands
and in Switzerland, both employers and employees contribute
to plan funding. In the  no contributions are currently made
to the companies’ dened benet plans. ere were no material
amendments, curtailments or settlements aecting the Group’s
dened benet plans in the Other area.
Various risks arise in the context of dened benet plans. Of
these risks, the interest rate risk and investment risk in particular
are still deemed to be signicant.
e information below on pension obligations is broken
down into the following areas: Germany,  and Other.
. Calculation of the balance sheet items
e balance sheet items were arrived at as follows:
 m
Germany  Other Total
 December 
Present value of defined benefit obligations at  December 8,439 4,395 1,963 14,797
Fair value of plan assets at  December – 4,119 – 4,034 –1,752 – 9,905
Surplus (–) / deficit (+) at  December 4,320 361 211 4,892
Effect of asset ceilings at  December 0145
Net pension provisions at  December 4,320 362 215 4,897
Reported separately
Pension assets at  December 0 18 102 120
Provisions for pensions and similar obligations at  December 4,320 380 317 5,017
 December 
Present value of defined benefit obligations at  December 8,608 4,116 2,051 14,775
Fair value of plan assets at  December – 4,129 –3,936 –1,693 –9,758
Surplus (–) / deficit (+) at  December 4,479 180 358 5,017
Effect of asset ceilings at  December 0101
Net pension provisions at  December 4,479 181 358 5,018
Reported separately
Pension assets at  December 0 120 78 198
Provisions for pensions and similar obligations at  December 4,479 301 436 5,216
In the Other area, the Netherlands, Switzerland and the 
account for a share in the present value of the dened benet obli-
gations of  ,   and , respectively ( December :  ,
  and  ).
Additionally, rights to reimbursement from former Group
companies existed in the Group in Germany in the amount of
around  million (largely unchanged year-on-year) which are
reported separately. Consequently, benet payments are being
made directly by the former Group companies.
178 Deutsche Post DHL 2013 Annual Report
Notes
Balance sheet disclosures
Consolidated Financial Statements