Via ODiSy March 22, 2012 PHILIPPINE STOCK EXCHANGE ... - BDO

- 113 -Parent Bank2011 2010 2009Current service costs P 727 P 679 P 480Interest costs 797 734 761Expected return on plan assets ( 384) ( 254 ) ( 245)Net actuarial gain recognized 97 105 104Net transition obligation recognized - - 139P 1,237 P 1,264 P 1,239The movements in the retirement benefit asset (liability) recognized in the books follows:BDO Unibank Group Parent Bank2011 2010 2011 2010Balance at beginning of year P 998 ( P 97 ) P 1,026 (P 67 )Expense recognized ( 1,319 ) ( 1,336 )( 1,237) ( 1,264 )Retirement benefit liability ofacquired subsidiaries - ( 4 ) - -Contributions paid 1,815 2,435 1,730 2,357Balance at end of year P 1,494 P 998 P 1,519 P 1,026Presented below are the historical information related to the present value of theretirement benefit obligation, fair value of plan assets and deficit in the plan as well asexperienced adjustments arising on plan assets and liabilities.BDO Unibank Group2011 2010 2009 2008Present value of the obligation P 12,070 P 10,130 P 8,459 P 7,086Fair value of the plan assets 9,044 7,390 4,357 3,460Deficit in the plan P 3,026 P 2,740 P 4,102 P 3,626BDO Unibank Group2011 2010 2009 2008Experience adjustmentsarising on plan liabilities P 417 P 316 P 985 P 967Experience adjustmentsarising on plan assets P 78 P 845 P 148 (P 179 )