financial report and registration document 2011 - Groupe SEB

Financial Report and Registration Document 2011
5
Consolidated fi nancial statements
Notes to the consolidated fi nancial statements
Note 22.5. MOVEMENTS IN PENSION AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS
2011 PENSION AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS
(in € millions) France Other countries Total
PROJECTED BENEFIT OBLIGATION AT 1 JANUARY 2011 82.6 87.8 170.4
Service cost 5.0 1.7 6.7
Interest cost 3.4 3.5 6.9
Benefi ts paid (4.0) (5.9) (9.9)
Plan amendments 0.1 0.1
Changes in assumptions (4.0) (3.1) (7.1)
Curtailments/settlements (0.8) (0.8)
Actuarial gains and losses and other (2.7) (2.7)
PROJECTED BENEFIT OBLIGATION AT 31 DECEMBER 2011 83.0 86.0 169.0
2010 PENSION AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS
(in € millions) France Other countries Total
PROJECTED BENEFIT OBLIGATION AT 1 JANUARY 2010 68.7 76.7 145.4
Service cost 4.2 1.5 5.7
Interest cost 3.5 3.5 7.0
Benefi ts paid (4.5) (5.1) (9.6)
Plan amendments 2.2 0.1 2.3
Changes in assumptions
Curtailments/settlements
8.9 6.3 15.2
Actuarial gains and losses and other (0.4) 4.8 4.4
PROJECTED BENEFIT OBLIGATION AT 31 DECEMBER 2010 82.6 87.8 170.4
2009 PENSION AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS
(in € millions) France Other countries Total
PROJECTED BENEFIT OBLIGATION AT 1 JANUARY 2009 67.7 71.4 139.1
Service cost 3.6 1.4 5.0
Interest cost 3.6 3.6 7.2
Benefi ts paid (10.0) (4.7) (14.7)
Plan amendments 0.5 0.1 0.6
Changes in assumptions 4.8 4.6 9.4
Curtailments/settlements (0.2) (0.2)
Actuarial gains and losses and other (1.5) 0.5 (1.0)
PROJECTED BENEFIT OBLIGATION AT 31 DECEMBER 2009 68.7 76.7 145.4
GROUPE SEB
5
117