Electrolux 2014 Annual Report Download - page 120
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Explanation of amounts in the financial statements relating to defined benefit obligations.
Information by country, December ,
USA
USA
Medical UK Sweden Germany
Switzer–
land Other Total
Amounts included in the balance sheet
Present value of funded and unfunded obligations , , , , , , , ,
Fair value of plan assets (after change in asset ceiling) –, –, –, –, –, –, – –,
Total (surplus)/deficit , ,
Whereof reported as
Pension plan assets — — — — — — —
Provisions for post-employment benefits — — — — — — — ,
Total funding level for all pension plans, %
Average duration of the obligation, years . . . . . . — .
Amounts included in the income statement
Service cost) –
Net interest cost
Remeasurements (gain)/loss – – – – – — –,
Total expense (gain) for defined benefits – – – –,
Expenses for defined contribution plans
Amounts included in the cash-flow statement
Contributions by the employer — – – — — – – –
Reimbursement — — — —
Benefits paid by the employer – — — – – — – –
Major assumptions for the valuation of the liability
Longevity, years):
Male . . . . . . — .
Female . . . . . . — .
Inflation, %) . . . . . . — .
Discount rate, % . . . . . . — .
Information by country December, ,
USA
USA
Medical UK Sweden Germany
Switzer–
land Other Total
Amounts included in the balance sheet
Present value of funded and unfunded obligations , , , , , , , ,
Fair value of plan assets (after change in asset ceiling) –, –, –, –, –, –, – –,
Total (surplus)/deficit , ,
Whereof reported as
Pension plan assets — — — — — — —
Provisions for post-employment benefits — — — — — — — ,
Total funding level for all pension plans, %
Average duration of the obligation, years . . . . . . — .
Amounts included in the income statement
Service cost) –
Net interest cost
Remeasurements (gain)/loss ,
Total expense (gain) for defined benefits ,
Expenses for defined contribution plans
Amounts included in the cash-flow statement
Contributions by the employer — – – — – – – –
Reimbursement — — — — —
Benefits paid by the employer – — — – – — – –
Major assumptions for the valuation of the liability
Longevity, years):
Male . . . . . . — .
Female . . . . . . — .
Inflation, %) . . . — .
Discount rate, % . . . . . . — .
) includes settlement gains of SEK m in the US and special events amounting to SEK m in various countries.
) Expressed as the average life expectancy of a years old person in number of years.
) General inflation impacting salary and pensions increase. For USA Medical, the number refers to the inflation of health–care benefits.
) Includes special events amounting to a gain of SEK m in various countries.
Cont. Note
ELECTROLUX ANNUAL REPORT
All amounts in SEKm unless otherwise stated