Porsche 2008 Annual Report Download - page 206

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To our shareholders The Company
204
Changes in the fair value of plan assets
Contributions to the defined benefit plans are expected to total €261 million for the fiscal year
2009/10 (prior year: €4 million).
The following amounts were recognized in the balance sheet for defined benefit obligations:
2008/09 2008/09 2007/08
€ million
Porsche
without VW
As of 1 August 41 41 43
Exchange differences 151 1 6
Expected return on plan assets 103 22
Actuarial gains (+) and losses (–) 14 0 2
Benefits paid 60 10
Employer contributions 140 14
Employee contributions 7 00
Changes to consolidated group 3,153 00
Other changes 11 10
As of 31 July 3,510 43 41
31/7/2009 31/7/2009 31/7/2008
€ million
Porsche
without VW
Present value of funded benefit obligations 3,745 52 56
Fair value of plan assets 3,510 43 41
Funded status 235 915
Present value of unfunded benefit obligations 13,477 801 704
Net obligations 13,712 810 719
Unrecognized net actuarial gains (+) and losses (–) 25 23 56
Unrecognized past service cost 37 00
Amount not recognized according to IAS 19.58b 5 00
As of 31 July 13,779 833 775
thereof pension provisions 13,843 834 777
thereof other asset 64 12