Values

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Report Statements Supervisory
Board
Income Statement
Statement of Comprehensive Income
Balance Sheet
Cash Flow Statement
Statement of Changes in Equity
Notes
Th e net pension liability reported on the balance sheet is composed
as follows:
Net Pension Liability
in € millions 12/31/2009 12/31/2008
Defi ned benefi t obligation of unfunded plans 1,053 1,020
Defi ned benefi t obligation of funded plans 1,245 1,186
Total defi ned benefi t obligation 2,298 2,206
Fair value of plan assets (1,020) (930)
Unrecognized assets due to the limit in IAS 19.58 – –
Net liability recognized in the balance sheet 1,278 1,276
thereof provisions for pensions 1,281 1,277
thereof other assets 3 1
Actuarial gains and losses under defi ned benefi t pension plans
and the eff ects of the asset ceiling in accordance with IAS 19.58
are taken directly to pension provisions in the year in which
Actuarial gains of €40 million (previous year losses: €11 million)
as well as €1 million in the previous year (2009: no eff ects) due
to the asset ceiling prescribed by IAS 19.58 were reported in
statement of other comprehensive income for the year under
Net liability can be broken down by geographic region as
follows:
Bertelsmann Annual Report 2009
they arise via Group statement of comprehensive income without
aff ecting the income statement.
review. Th e statement of other comprehensive income includes
cumulative actuarial losses of €-221 million (previous year:
€-275 million).
Breakdown of Net Pension Liability by Region
in € millions 12/31/2009 12/31/2008
Germany 1,073 1,084
U.S. 72 75
Other Europe 128 113
Other countries 5 4
Net liability recognized in the balance sheet 1,278 1,276
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