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Annual Report and Accounts 2006 - DCC plc

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96notes to the financial statements32. Retirement benefit obligations - continued<strong>2006</strong> 2005The movement in the present value of defined benefit obligations is as follows: €’000 €’000At 1 April 80,039 71,071Acquired on business combinations - 5,924Current service cost 3,308 3,421Interest cost 3,804 3,940Actuarial loss 6,918 9,019Contributions by members 428 399Benefits paid (6,017) (13,278)Settlements (246) -Exchange (261) (457)At 31 March 87,973 80,039<strong>2006</strong> 2005Experience gains <strong>and</strong> losses: €’000 €’000Difference between the expected <strong>and</strong> actual return on scheme assets 8,697 1,277As a percentage of scheme assets 12.9% 2.3%Experience gains <strong>and</strong> losses on scheme liabilities (383) (1,598)As a percentage of the present value of the scheme liabilities 0.4% 2.0%Total recognised in Statement of Recognised Income <strong>and</strong> Expense 1,779 (7,742)As a percentage of the present value of the scheme liabilities (2.0%) 9.7%33. Deferred acquisition considerationGroupThe Group’s deferred acquisition consideration of €22.364 million (2005: €17.923 million) as stated on the Balance Sheetconsists of €12.193 million of € floating rate financial liabilities (2005: €7.708 million) <strong>and</strong> €10.171 million of Stg£ floatingrate financial liabilities (2005: €10.215 million) payable as follows:<strong>2006</strong> 2005€’000 €’000Within one year 3,556 7,084Between one <strong>and</strong> two years 9,838 2,375Between two <strong>and</strong> five years 8,970 8,46422,364 17,923Analysed as:Non-current liabilities 18,808 10,839Current liabilities 3,556 7,08422,364 17,923<strong>2006</strong> 2005Company €’000 €’000Within one year - 2,824Between one <strong>and</strong> two years - 139- 2,963

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