201
(in millions of Euro)
31 December 2013
Germany
Great Britain The Netherlands Other countries
Total
Personnel costs
1
-
1
1
3
Interest costs
5
6
3
3
17
Expected returns on plan assets
-
(4)
(3)
(2)
(9)
Total pension plan costs
6
2
1
2
11
(in millions of Euro)
31 December 2012
Germany
Great Britain The Netherlands Other countries
Total
Personnel costs
1
-
1
5
7
Interest costs
6
6
4
4
20
Expected returns on plan assets
-
(5)
(4)
(2)
(11)
Total pension plan costs
7
1
1
7
16
Changes during the year in pension plan assets are as follows:
(in millions of Euro)
2013
2012
Opening Plan Assets
243
221
Interest income on Plan Assets
9
11
Actuarial gains/(losses) recognised in equity
10
15
Contributions paid by the Group
14
15
Contributions paid in by plan participants
-
1
Disbursements
(19)
(21)
Plan settlements
(9)
-
Currency translation differences
(5)
1
Total movements
-
22
Closing Plan Assets
243
243
At 31 December 2013, pension plan assets consisted of equities (47.5% versus 45.3% in 2012), government bonds (33.7% versus 33.6%
in 2012), corporate bonds (13.7% versus 14.4% in 2012), and other assets (5.1% versus 6.7% in 2012).
Movements in the asset ceiling over the period are as follows:
(in millions of Euro)
2013
2012
Opening asset ceiling
1
13
Interest costs
-
1
Changes in assets recognised in equity
2
(13)
Currency translation differences
-
-
Total movements
2
(12)
Closing asset ceiling
3
1
Pension plan costs recognised in the income statement are analysed as follows :
