2010Annual Report - Schneider Electric CZ, s.r.o.

CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Dec. 31, 2010 Dec. 31, 2009
Of which SE
USA
Of which SE
USA
5. Funded status
Projected benefi t obligation (2,340) (1,034) (2,055) (937)
Fair value on plan assets 1,304 735 1,112 643
Surplus/ (Defi cit) (1,036) (299) (943) (294)
Effect of the asset ceiling
Deferred items:
- - (1) -
Unrecognised past service cost 4 - - 1
(LIABILITIES)/NET ASSET RECOGNISED IN THE
BALANCE SHEET (1,032) (299) (944) (293)
Amounts related to pensions and termination benefi t obligations as of 2010 and the four previous periods are as follows:
Dec. 31, 2010 Dec. 31, 2009 Dec. 31, 2008 Dec. 31, 2007 Dec. 31, 2006
6. Historical data
Projected benefi t obligation (2,340) (2,055) (2,036) (1,958) (2,035)
Fair value on plan assets 1,304 1,112 1,010 1,402 1,418
Surplus/ (Defi cit) (1,036) (943) (1,026) (556) (617)
Effect of the asset ceiling
Deferred items:
- (1) (2) (10)
Unrecognised past service cost 4 - 1 1 1
(LIABILITIES)/NET ASSET RECOGNISED
IN THE BALANCE SHEET (1,032) (944) (1,027) (565) (616)
22.3 - Provisions for healthcare costs, life insurance benefits and other post-employment
benefits
Changes in provisions for other post-employment and long-term benefi ts were as follows:
Dec. 31, 2010 Dec. 31, 2009
1. Components of net cost recognised in the statement of income
Service cost 7 4
Interest cost (effect of discounting) 22 22
Expected return on plan assets - -
Past service cost (4) (4)
Curtailments and settlements - -
Amortisation of actuarial gains & losses - -
NET COST RECOGNISED IN THE STATEMENT OF INCOME 25 22
Amortisation of actuarial gains and losses concerns long-term benefi ts for active employees, notably long service awards in France.
2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 195
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