Annual report 2009 - Dexia.com

Notes to the consolidated fi nancial statementsd. Components of pension cost 31/12/08 31/12/09Amounts recognised in statement of income1. Current service cost 88 822. Interest cost 103 1063. Expected return on plan assets (79) (65)4. Amortization of past service cost incl. §58(a) 3 (1)5. Amortization of net (gain)/loss incl. §58(a) (10) (11)6. Effect of §58(b) limit 1 27. Curtailment (gain)/loss recognised 0 (8)8. TOTAL PENSION COST RECOGNISED IN THE STATEMENT OF INCOME 106 105Actual return on assetsActual return on plan assets (62) 112Actual return on reimbursement assets 0 5e. Balance-sheet reconciliation 31/12/08 31/12/091. Balance-sheet liability/(asset) as at beginning of year 714 7472. Pension expense recognised in statement of income in the financial year 106 1053. Amounts recognised in SORIE in the financial year 0 04. Employer contributions made in the financial year 62 605. Benefits paid directly by company in the financial year 21 356. Credit to reimbursements 0 07. Net transfer in/(out) (including the effect of any business combinations/divestitures) 9 08. Exchange rate adjustment – (gain)/loss 1 19. BALANCE-SHEET LIABILITY/(ASSET) AS AT END OF YEAR(1)+(2)+(3)-(4)-(5)+(6)+(7)+(8) 747 758f. Plan assets Percentage of plan assetsAsset category 31/12/08 31/12/091. Equity securities 13.03% 12.32%2. Debt securities 85.07% 84.94%3. Real estate 0.34% 0.33%4. Other (1) 1.56% 2.41%(1) Includes qualifying insurance policies.g. History of experience gains and losses 31/12/06 31/12/07 31/12/08 31/12/091. Difference between the actual and expectedreturn on plan assetsa. Amount (28) (44) (141) 47b. Percentage of plan assets -2.00% -3.00% -11.00% 4.00%2. Experience gains (-) and losses on plan liabilitiesa. Amount (31) (53) (5) (18)b. Percentage of present value of plan liabilities -1.00% -3.00% 0.00% -1.00%Management reportConsolidatedfinancial statementsAnnual financial statementsAdditional informationAnnual report 2009 Dexia 155