ANNUAL REPORT 2011 A.S. CRÉATION TAPETEN AG

The table below shows the changes in pension provisions:
2011 2010
€ ’000 € ’000
As of January 1 7,051 6,871
Pension payments and employer contributions -364 -332
Allocation 926 512
As of December 31 7,613 7,051
Allocations to pension provisions, i.e. net pension expenses for the pension commitments, were
comprised as follows and are included in the respective items of the income statement:
Income statement 2011 2010
€ ’000 € ’000
Current service cost and benefit payments Personnel expenses 185 160
Interest cost
Actuarial losses from changes
Financial result 338 337
in the discount rate Financial result 332 143
Other actuarial gains (–) / losses (+) Personnel expenses 71 –128
926 512
The table below shows the pension provisions and the actuarial gains and losses that resulted
from experience adjustments:
2011 2010 2009 2008 2007
€ '000 € '000 € '000 € '000 € '000
Pension provision as of December 31
Actuarial gains (-)/losses (+) from
7,613 7,051 6,871 6,014 5,800
experience adjustments 67 -129 -24 112 -94
Besides these commitments from defi ned benefi t plans, some Group companies make contributions
to company pension schemes in some cases. In these cases, a defi ned annual amount is paid to an
external relief fund or a comparable institution for the duration of the employment relationship.
These defi ned contribution plans are not recognised in pension provisions. Instead, the contributions
paid are included in the personnel expenses of the respective fi scal year (see Notes No. 20).
CONSOLIDATED FINANCIAL STATEMENTS ACCORDING TO IFRS
99