Business Report 2005 - Interseroh

The pension expenses reported in personnel expenses are made up as follows:
Funded plan
EUR million
Unfunded plan
EUR million
Total
EUR million
2004
Interest expenses 0.05 -0.06 1.08
Profits from plan assets -0.06 0.00 -0.06
Current expenses for pension claims 0.07 0.15 0.23
Amortisation actuarial profits and losses 0.03 0.00 0.03
Periodic net costs from pension commitments
⋅ Fixed benefit plan 0.10 1.18 1.28
2005
Interest expenses 0.05 1.01 1.06
Expected profits from plan assets -0.06 0.00 -0.06
Current expenses for pension claims 0.08 0.17 0.26
Periodic net costs from pension commitments
⋅ Fixed benefit plan 0.07 0.18 1.25
(24) Other provisions
As of
01.01.2005
EUR million
Change
cons. comp.
EUR million
Utilisation
EUR million
Reduction
EUR million
Transfer
EUR million
As of
31.12.2005
EUR million
Lawsuits 2.08 0.00 0.17 0.69 0.40 1.61
Obligation to
return property
to original
condition 1.41 0.00 0.42 0.02 0.32 1.28
Restructuring 1.04 0.00 0.79 0.00 0.62 0.87
Pending
transactions 0.68 0.00 0.00 0.18 0.00 0.51
Anniversary
obligations 0.43 0.00 0.00 0.00 0.08 0.51
Other 2.35 -0.21 0.37 1.70 1.09 1.18
8.00 -0.21 1.75 2.58 2.51 5.96
Of the amounts shown, the following are due within a year:
As of
31.12.2005
EUR million
As of
31.12.2004
EUR million
Lawsuits 1.36 1.16
Restructuring 0.87 1.04
Other 0.31 0.34
2.54 2.54
The short-term share of provisions for pensions (prospective pension payments in the coming
financial year) are reported in the balance sheet under short-term provisions at EUR 1.23 million
(previous year: EUR 1.17 million) so that the total amount of the balance sheet item “Provisions” in the
short-term debt amounts to EUR 3.74 million (previous year: EUR 3.71 million).
Provisions for current lawsuits are formed if their risks can be reasonably estimated. These
provisions are determined on the basis of notifications and cost estimates by the company’s own legal
department and lawyers appointed to represent the company and cover all the estimated fees and
legal expenses for these lawsuits and possible settlement costs.
The obligations to return property to its original condition correspond to the discounted
amount for restoration to original condition of rented or leased property at the end of the rent or lease
agreements. The expected expenditures are, insofar as they are not due in 2006 or further extensions
to the existing agreements are not agreed, due between 1 January 2007 and 31 December 2023. Due
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