313 348
313
Prysmian S.p.A. provides post-employment benefits through
programmes that include defined benefit plans, like the
employee indemnity liability and seniority bonuses.
13.
EMPLOYEE BENEFIT OBLIGATIONS
Employee benefit obligations amount to Euro 7,576 thousand
at 31 December 2014 (Euro 6,305 thousand at 31 December
2013) and are detailed as follows:
The income and expenses relating to employee benefit obligations are as follows:
Movements in this balance are as follows:
Employee indemnity liability
31 December 2014 31 December 2013
Employee indemnity liability (Italian TFR)
5,566
4,545
Termination and other benefits
2,010
1,760
Total
7,576
6,305
31 December 2014 31 December 2013
Employee indemnity liability (Italian TFR)
246
289
Termination and other benefits
337
139
Total
583
428
2014
2013
Opening balance
4,545
5,029
Current service costs
117
156
Interest cost
129
133
Actuarial (gains)/losses recognised in equity
973
(149)
Staff transfer
-
(36)
Disbursements
(198)
(588)
Total movements
1,021
(484)
Closing balance
5,566
4,545
(in thousands of Euro)
(in thousands of Euro)
(in thousands of Euro)