APC 2010 Annual Report Download - page 195

CONSOLIDATED FINANCIAL STATEMENTS
5
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Changes in gross items recognised in equity were as follows:
Pensions and termination
benefi ts Other post-employment and long-term benefi ts
Provisions for pensions &
other post-employment
benefi ts.
Dec.31, 2008 455 (64) 391
Actuarial (gains)/losses on projected benefi t obligation 75 11 86
Actuarial (gains)/losses on plan assets (71) - (71)
Effect of the asset ceiling (1) - (1)
Dec.31, 2009 458 (53) 405
Actuarial (gains)/losses on projected benefi t obligation 42 - 42
Actuarial (gains)/losses on plan assets (38) - (38)
Effect of the asset ceiling - - -
Dec.31, 2010 462 (53) 409
22.2 - Provisions for pensions and termination benefit obligations
Annual changes in obligations, the market value of plan assets and the corresponding assets and provisions recognised in the consolidated
fi nancial statements can be analysed as follows:
Dec.31, 2010 Dec.31, 2009
Of which SE
USA
Of which SE
USA
1. Reconciliation of balance sheet items
Pension assets - ---
Provisions for pensions and other post-employment
benefi t (1,032) (299) (944) (293)
NET ASSET/(LIABILITY) RECOGNISED
IN THE BALANCE SHEET (1,032)
(299) (944) (293)
Dec.31, 2010 Dec.31, 2009
Of which SE
USA
Of which SE
USA
2. Components of net cost recognised
in the statement of income
Service cost 43 255 18
Interest cost (effect of discounting) 109 56 109 57
Expected return on plan assets (82) (56) (74) (50)
Past service cost 0 ---
Curtailments and settlements (7) -(92) (91)
NET COST RECOGNISED IN THE STATEMENT
OF INCOME 63
2 (2) (66)
2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 193