DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD. AND ...

Doosan Heavy Industries & Construction Co., Ltd. and SubsidiariesNotes to the Consolidated Financial StatementsFor the years ended December 31, 2012 and 201117. Employee Benefits, Continued(8) Historical information for the amounts related to defined benefit plans recognized for the current year andprevious three years are as follows:(In millions of won)Defined benefitobligationDec 31,2012Dec 31,2011Dec 31,2010January 1,2010₩ 929,901 887,259 829,938 1,802,059Plan assets (621,201) (628,905) (623,218) (1,073,946)Obligation which is not covered by plan assets ₩ 308,700 258,354 206,720 728,113Experience adjustments on plan liabilities 14,409 82,187 35,446 -Experience adjustments on plan assets 2,586 15,157 18,067 -(9) Employee benefits: defined contribution plansThe Group also operates defined contribution pension schemes. When an employee has rendered serviceto the Group during a period, the Group recognizes the contribution payable to a defined contribution plan inexchange for that service as a liability (accrued expense), after deducting any contribution already paid. Theassets of the scheme are held separately from those of the Group in an independently administered fund.The contributions which the Group has paid in for the defined contribution plan for the years endedDecember 31, 2012 and 2011 are ₩ 338 million and ₩ 309 million, respectively. There are no payables forthe contributions to the defined contribution plan for the years ended December 31, 2012 and 2011.61