Porsche 2010 Annual Report Download - page 193

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191
Development of plan assets
The following amounts were recognized in the balance sheet for defined benefit obligations:
The table below presents experience adjustments, meaning differences between changes in assets
and obligations expected on the basis of actuarial assumptions and actual changes in those assets
and obligations.
€ million SFY 2010 2009/10
As of 1 August 0 3,510
Exchange differences 0 123
Expected return on plan assets 0 85
Actuarial gains (+) and losses (–) 0 – 12
Benefits paid 0 – 49
Employer contributions 0 115
Employee contributions 0 6
Changes to consolidated group 0 – 3,781
Other changes 0 3
As of 31 December and 31 July 0 0
€ million SFY 2010 2009/10
Present value of unfunded benefit obligations 8 8
Net obligations 8 8
Unrecognized net actuarial gains (+) and losses (–) 1 – 1
Unrecognized past service cost 0 0
Amount not recognized according to IAS 19.58b 0 0
Carrying amount 31 December and 31 July 7 7
thereof pension provisions 7 7
thereof other asset 0 0
€ million SFY 2010 2009/10 2008/09 2007/08 2006/07
Defined benefit obligation 8 8 17,222 760 744
Plan assets 0 0 3,510 – 41 – 43
Deficit (+)/Surplus (–) 8 8 13,712 719 701
Experience adjustments on pension
obligation 8.8% 1.7% 0.7% 13.1% 6.0%
Experience adjustments on plan
assets – – 0.5% – 1.7% 1.3%