Mercedes 1999 Annual Report Download - page 103

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(in millions of €, except per share amounts)
Change in Projected
benefit obligations:
Projected benefit
obligations at
beginning of year
Foreign currency
exchange rate changes
Service cost
Interest cost
Plan amendments
Actuarial (gains) losses
Acquisitions and other
Benefits paid
Projected benefit obliga-
tions at end of year
Change in plan assets:
Fair value of plan assets
at beginning of year
Foreign currency
exchange rate changes
Actual return on plan
assets
Employer contributions
Plan participant
contributions
Acquisitions and other
Benefits paid
Fair value of plan assets at
end of year
At December 31,
1999
German
Plans
12,599 16,010 11,378 15,905
– 2,664 – (1,212)
267 430 258 429
756 1,185 732 1,033
– 1,983 35 47
(28) (2,142) 686 821
68 518 12 (22)
(539) (1,070) (502) (991)
13,123 19,578 12,599 16,010
2,898 19,424 2,740 18,012
– 3,309 – (1,410)
226 3,463 302 2,478
4,059 166 – 1,305
–27 –20
– 498 – 7
(149) (1,064) (144) (988)
7,034 25,823 2,898 19,424
German
Plans
Non-
German
Plans
Non-
German
Plans
1998
At December 31,
At December 31,
1999
German
Plans
Non-
German
Plans
Non-
German
Plans
1998
Funded status*)
Unrecognized acturarial
net gains (losses)
Unrecognized prior
service cost
Unrecognized net
assets at date of initial
application
Net amount recognized
Amounts recognized in
the consolidated balance
sheets consist of:
Prepaid pension cost
Accrued pension
liability
Intangible assets
Accumulated other
comprehensive
income
Net amount recognized
At December 31,
6,089 (6,245) 9,701 (3,414)
(691) 3,859 (723) 54
(7) (3,530) (6) (1,530)
– (252) – (357)
5,391 (6,168) 8,972 (5,247)
– (6,236) – (5,309)
5,391 197 8,972 176
– (98) – (94)
– (31) – (20)
5,391 (6,168) 8,972 (5,247)
*) Difference between the projected benefit obligations and the fair value of
plan assets.
A reconcilation of the funded status to the amounts recognized in
the consolidated balance sheets is as follows:
97
German
Plans
NOTES TO THE CONSOLIDATED BALANCE SHEETS