Unilever 2013 Annual Report Download - page 105
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Please find page 105 of the 2013 Unilever annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.4B. PENSIONS AND SIMILAR OBLIGATIONS CONTINUED
STATEMENT OF OMPREHENSIVE INOME
Amounts recognised in the statement of comprehensive income on the remeasurement of the net defined benefit liability.
mllon
2013
€ million
2012
(Restated)
€ million
2011
(Restated)
Return on plan assets excluding amounts included in net finance income/(cost) 934 1,371 (261)
Actuarial gains/(losses) arising from changes in demographic assumptions (158) (148) 9
Actuarial gains/(losses) arising from changes in financial assumptions 235 (1,678) (1,186)
Experience gains/(losses) arising on pension plan and other benefit plan liabilities (69) (156) (56)
Total of defined benefit costs recognised in other comprehensive income 942 (611) (1,494)
BALANE SHEET
The assets, liabilities and surplus/(deficit) position of the pension and other post-employment benefit plans at the balance sheet date were:
mllon
2013
€ million
2012 (Restated)
Penson
plans
Other post-
employment
beneft plans
Pension
plans
Other post-
employment
benefit plans
Fair value of assets 18,313 6 17,665 8
Present value of liabilities (19,758) (538) (20,355) (660)
Net liabilities (1,445) (532) (2,690) (652)
Pension liability net of assets (1,445) (532) (2,690) (652)
Of which in respect of:
Funded plans in surplus:
Liabilities (6,068) – (4,967) (1)
Assets 7,056 35,722 4
Aggregate surplus 988 3 755 3
Pension asset net of liabilities 988 3755 3
Funded plans in deficit:
Liabilities (12,649) (16) (13,985) (22)
Assets 11,257 311,943 4
Pension liability net of assets (1,392) (13) (2,042) (18)
Unfunded plans:
Pension liability (1,041) (522) (1,403) (637)
REONILIATION OF HANE IN ASSETS AND LIABILITIES
Movements in assets and liabilities during the year:
mllon
Assets
2013
€ million
Assets
2012
(Restated)
mllon
Labltes
2013
€ million
Liabilities
2012
(Restated)
mllon
Total
2013
€ million
Total
2012
(Restated)
1 January 17,673 16,044 (21,015) (18,984) (3,342) (2,940)
Current service cost ––(301) (290) (301) (290)
Employee contributions 18 18 ––18 18
Special termination benefits ––(18) (17) (18) (17)
Past service costs including losses/(gains) on curtailments ––89 47 89 47
Settlements –(6) –6––
Actual return on plan assets (excluding amounts in net finance
income/charge) 934 1,371 ––934 1,371
Interest cost ––(793) (892) (793) (892)
Interest income 660 747 ––660 747
Actuarial gain/(loss) arising from changes in demographic assumptions ––(158) (148) (158) (148)
Actuarial gain/(loss) arising from changes in financial assumptions ––235 (1,678) 235 (1,678)
Actuarial gain/(loss) arising from experience adjustments ––(69) (156) (69) (156)
Employer contributions 593 605 ––593 605
Benefit payments (1,196) (1,227) 1,196 1,227 ––
Reclassification of benefits(b) 23 17 (23) (23) – (6)
Currency retranslation (386) 104 561 (107) 175 (3)
31 December 18,319 17,673 (20,296) (21,015) (1,977) (3,342)
(b) Certain liabilities have been reclassified as employee benefit liabilities.
102 Unlever Annual Report and Accounts 2013Fnancal statements
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
UNILEVER GROUP CONTINUED