Philips 2008 Annual Report Download - page 164
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Netherlands other total
2008
Accumulated postretirement benefit obligation
Accumulated benefit obligation at beginning of year 7 406 413
Service cost −33
Interest cost −34 34
Actuarial gains −(49) (49)
Benefits paid (4) (20) (24)
Exchange rate differences −(36) (36)
Miscellaneous −12 12
Accumulated benefit obligation at end of year 3 350 353
Funded status (3) (350) (353)
Amounts recognized in the consolidated balance sheet
Current provisions (1) (22) (23)
Non-current provisions (2) (328) (330)
Net pension liability at year-end (3) (350) (353)
Amounts recognized in accumulated other comprehensive income
Net actuarial loss −26 26
Prior-service cost −(3) (3)
Transition obligation −18 18
Accumulated other comprehensive income −41 41
2007
Accumulated postretirement benefit obligation
Accumulated benefit obligation at beginning of year 10 363 373
Service cost −33
Interest cost −26 26
Actuarial gains −47 47
Settlements −(6) (6)
Benefits paid (3) (29) (32)
Exchange rate differences −(19) (19)
Miscellaneous −21 21
Accumulated benefit obligation at end of year 7 406 413
Funded status (7) (406) (413)
Amounts recognized in the consolidated balance sheet
Current provisions (3) (20) (23)
Non-current provisions (4) (386) (390)
Net pension liability at year-end (7) (406) (413)
Amounts recognized in accumulated other comprehensive income
Net actuarial loss −96 96
Prior-service cost −(4) (4)
Transition obligation −25 25
Accumulated other comprehensive income −117 117
Philips Annual Report 2008164
180
Sustainability performance
192
IFRS financial statements
244
Company financial statements
124
US GAAP financial statements
Notes to the US GAAP
financial statements