2012 Registration document and annual financial report - BNP Paribas

4CONSOLIDATEDFINANCIAL STATEMENTS - YEAR ENDED 31 DECEMBER 2012Notes to the financial statements➤ CHANGE IN THE PRESENT VALUE OF THE DEFINED BENEFIT OBLIGATION4In millions of eurosYear to31 Dec. 2012Post-employment benefitsYear to31 Dec. 2011Post-employment healthcare benefitsYear to31 Dec. 2012Year to31 Dec. 2011PRESENT VALUE OF DEFINED BENEFIT OBLIGATION ATSTART OF PERIOD 8,351 8,052 121 114Current service cost 311 300 3 3Interest cost 310 320 5 5Plan amendments (2) (8) 2 1Curtailments or settlements (73) (97) - (1)Actuarial (gains)/losses on obligation 284 210 22 3Actual employee contributions 30 30 - -Benefits paid directly by employer (130) (145) (4) (5)Benefits paid from assets/reimbursement rights (380) (297) - -Exchange rate (gains)/losses on obligation 31 23 (1) 2Consolidation variation (gains)/losses on obligation (71) (37) - -Others 1 - (1) (1)PRESENT VALUE OF DEFINED BENEFIT OBLIGATION ATEND OF PERIOD 8,662 8,351 147 121➤ CHANGE IN THE FAIR VALUE OF PLAN ASSETSIn millions of eurosYear to31 Dec. 2012Post-employment benefitsYear to31 Dec. 2011FAIR VALUE OF PLAN ASSETS AT START OF PERIOD 3,798 3,889Expected return on plan assets 179 188Settlements (19) (55)Actuarial gains/(losses) on plan assets 112 (49)Actual employee contributions 21 21Employer contributions 292 127Benefits paid from plan assets (211) (138)Exchange rate gains/(losses) on plan assets 32 (31)Consolidation variation gains/(losses) on plan assets (53) (155)Others (3) 1FAIR VALUE OF PLAN ASSETS AT END OF PERIOD 4,148 3,798Healthcare benefit plans are not funded plans.1682012 Registration document and annual financial report - BNP PARIBAS