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CONSOLIDATED FINANCIAL REPORT | EXPLANATORY NOTES

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The obligation in respect of medical benefit plans is analysed as follows:

The actuarial assumptions used to value medical benefit plans are as follows:

The following table presents a sensitivity analysis of the effects of an increase/decrease in the most

significant actuarial assumptions used to determine the present value of benefit obligations, such as the

interest rate, inflation rate/growth in medical care costs and life expectancy.

OTHER INFORMATION

Contributions to and payments of employee benefit obligations in 2016 will respectively amount to Euro 6

million (of which Euro 4 million in Great Britain) and Euro 13 million (of which Euro 9 million in Germany).