Mercedes 2002 Annual Report Download - page 130

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124 |Notes to Consolidated Balance Sheets
A reconciliation of the funded status to the amounts recog-
nized in the consolidated balance sheets is as follows:
The measurement dates for the Group’s pension plans are
principally December 31. Assumed discount rates and rates of
increase in remuneration used in calculating the projected
benefit obligations together with long-term rates of return on
plan assets vary according to the economic conditions of the
country in which the pension plans are situated. The weighted-
average assumptions used in calculating the actuarial values
for the principal pension plans were as follows (in %):
(in millions of 3)
At December 31,
German
Plans
At December 31,
Funded status 1
Unrecognized actuarial
net losses
Unrecognized prior
service cost
Unrecognized net
obligation at date of
initial application
Net liability (asset)
recognized
Amounts recognized in the
consolidated balance
sheets consist of:
Prepaid pension cost
Accrued pension liability
Intangible assets
Accumulated other
comprehensive income
Net liability (asset)
recognized
2002
Non-
German
Plans
German
Plans
2001
Non-
German
Plans
2,980
(2,168)
(5)
807
2,164
(1,357)
807
14
(4,112)
(3,261)
(24)
(7,383)
(7,584)
448
(137)
(110)
(7,383)
4,253
(8,762)
(2,507)
(11)
(7,027)
(243)
3,909
(2,453)
(8,240)
(7,027)
4,152
(3,837)
(6)
309
3,484
(3,175)
309
1 Difference between the projected benefit obligations and the fair value of plan assets.
2001 2000
German Plans
Weighted-average assumptions:
Discount rate
Expected return on plan assets (at the beginning of the year)
Rate of long-term compensation increase
6.0
7.9
3.0
6.5
7.9
3.0
7.4
10.1
5.4
6.7
10.1
5.4
7.7
10.2
5.5
2002 2001 2000
Non-German Plans
2002
5.8
7.9
3.0