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CONSOLIDATED FINANCIAL REPORT | EXPLANATORY NOTES

231

Pension plan obligations and assets are analysed as follows at 31 December 2015 and 31 December 2014:

At 31 December 2015, "Other countries" mainly refer to:

United States: funded pension obligations have a present value of Euro 32 million compared with a

fair value of Euro 26 million for plan assets;

Netherlands: funded pension obligations have a present value of Euro 26 million compared with a

fair value of Euro 26 million for plan assets;

Norway: funded pension obligations have a present value of Euro 3 million compared with a fair

value of Euro 1 million for plan assets;

Canada: funded pension obligations have a present value of Euro 9 million compared with a fair

value of Euro 9 million for plan assets;

Sweden: unfunded pension obligations have a present value of Euro 7 million.