ANNUAL REPORT 2004 - Luxottica Group

OBLIGATIONS AND FUNDED STATUS
In thousands of Euro
Change in benefit obligations
Benefit obligation at beginning of period
Translation differences
Service cost
Interest cost
Actuarial loss (gain)
Acquisition
Benefits paid
Benefit obligation at end of period
In thousands of Euro
Change in plan assets
Fair value of plan assets at beginning
of period
Translation differences
Actual return (loss) on plan assets
Plan assets acquired
Employer contribution
Benefits paid
Fair value of plan assets at end of
period
Funded status
Unrecognized net actuarial loss
Unrecognized prior service cost
Other adjustments
Accrued pension cost
2003
201,668
(36,699)
11,816
12,035
10,061
-
(7,096)
191,786
2003
132,614
(23,777)
18,650
2,655
(7,096)
123,046
(68,742)
51,125
2,302
-
(15,314)
Pension plans
2004
191,787
(17,558)
11,584
11,012
(5,648)
41,536
(7,685)
225,028
2004
123,044
(11,748)
10,486
23,913
11,634
(7,685)
149,644
(75,384)
43,520
1,623
464
(29,777)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
2003
5,061
(904)
221
287
2
-
-
4,667
2003
-
-
(4,667)
1,251
61
-
(3,355)
SERP
2004
4,667
(366)
199
248
(169)
564
(329)
4,814
Pension plans SERP
2004
-
329
(329)
-
(4,814)
965
47
40
(3,762)
129