215 348
215
2014
2013 (*)
Opening defined benefit obligation
470
483
Business combinations
-
-
Current service costs
3
4
Interest costs
17
17
Plan participants’ contributions
-
-
Administrative costs and taxes
-
1
Actuarial (gains)/losses recognised in equity - Salary increase assumptions
(4)
(1)
Actuarial (gains)/losses recognised in equity - Demographic assumptions
6
6
Actuarial (gains)/losses recognised in equity - Financial assumptions
66
5
Disbursements from plan assets
(12)
(11)
Disbursements paid directly by the employer
(8)
(8)
Plan settlements
(84)
(11)
Currency translation differences
15
(9)
Reclassifications and legislative amendments to existing plans
(3)
(6)
Total movements
(4)
(13)
Closing defined benefit obligation
466
470
(*) The previously published prior year consolidated financial statements have been restated following the adoption of IFRS 10 and IFRS 11. Further details can
be found in Section C. Restatement of comparative figures.
Changes during the year in pension plan assets are analysed as follows:
2014
2013 (*)
Opening plan assets
243
243
Business combinations
-
-
Interest income on plan assets
9
9
Actuarial gains/(losses) recognised in equity
23
10
Contributions paid in by the employer
14
14
Contributions paid in by plan participants
-
-
Disbursements
(20)
(19)
Plan settlements
(89)
(9)
Currency translation differences
11
(5)
Total movements
(52)
-
Closing plan assets
191
243
(*) The previously published prior year consolidated financial statements have been restated following the adoption of IFRS 10 and IFRS 11. Further details can
be found in Section C. Restatement of comparative figures.
Changes during the year in pension plan obligations are analysed as follows:
(in millions of Euro)
(in millions of Euro)