ANNUAL REPORT 2004 - Luxottica Group
ANNUAL REPORT 2004 - Luxottica Group
ANNUAL REPORT 2004 - Luxottica Group
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS<br />
Amounts recognized in the Consolidated Balance Sheets consist of the following:<br />
In thousands of Euro<br />
Liabilities<br />
Accrued pension cost<br />
Additional minimum liability<br />
Total accrued pension liability<br />
Assets<br />
Intangible asset<br />
Other comprehensive income<br />
Accumulated other comprehensive income<br />
130<br />
2003<br />
15,314<br />
35,152<br />
50,467<br />
2,302<br />
32,849<br />
Pension plans SERP<br />
<strong>2004</strong><br />
29,777<br />
31,689<br />
61,466<br />
1,623<br />
30,066<br />
2003<br />
The accumulated benefit obligations for the pension plans as of September 30 were as follows:<br />
In thousands of Euro<br />
In thousands of Euro<br />
Components of net periodic benefit cost<br />
Service cost<br />
Interest cost<br />
Expected return on plan assets<br />
Amortization of actuarial loss<br />
Amortization of prior service cost<br />
Net periodic pension expense<br />
Additional information<br />
(Decrease)/Increase in minimum liability<br />
included in other comprehensive income<br />
2002<br />
204,184<br />
2002<br />
11,732<br />
13,572<br />
(16,366)<br />
-<br />
749<br />
9,687<br />
38,126<br />
2003<br />
193,473<br />
2003<br />
11,816<br />
12,035<br />
(13,333)<br />
294<br />
624<br />
11,436<br />
(546)<br />
3,355<br />
779<br />
4,134<br />
61<br />
718<br />
<strong>2004</strong><br />
3,762<br />
745<br />
4,507<br />
47<br />
698<br />
<strong>2004</strong><br />
230,990<br />
<strong>2004</strong><br />
11,584<br />
11,012<br />
(12,263)<br />
564<br />
568<br />
11,465<br />
1,045
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