Siemens 2009 Annual Report Download - page 250

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 Reports Supervisory Board /
Managing Board  Corporate Governance  Management’s discussion and analysis  Consolidated Financial Statements
 Consolidated Statements of Income  Consolidated Statements of Income
and Expense Recognized in Equity
 Consolidated Balance Sheets  Consolidated Statements of Cash Flow
A detailed reconciliation of the changes in the DBO for fiscal
2009 and 2008 as well as additional information by country is
provided in the following table:
The total defined benefit obligation at the end of the fiscal year
includes €8,241 for active employees, €3,039 for former em-
ployees with vested benefits and €13,879 for retirees and sur-
viving dependents.
In fiscal 2009 the DBO increased due to a decrease in discount
rate for the domestic and foreign pension plans. The negative
effect of a discount rate decrease in fiscal 2009 was partly off-
set by a decrease in pension progression and compensation
increase rate as well as by experience adjustments. In fiscal
2008 the DBO decreased due to an increase in discount rate for
the domestic and foreign pension plans. The positive effect of
a discount rate increase in fiscal 2008 was partly offset by an
increase in pension progression and compensation increase
rate as well as by experience adjustments.
September ,  September , 
Total Domestic Foreign Total Domestic Foreign
Change in defined benefit obligations:
Defined benefit obligation at beginning of year 22,654 13,782 8,872 25,052 15,488 9,564
Foreign currency exchange rate changes (426) – (426) (340) – (340)
Service cost 451 272 179 511 279 232
Interest cost 1,372 853 519 1,246 765 481
Settlements and curtailments (50) (2) (48) (46) (26) (20)
Plan participants’ contributions 147 101 46 135 87 48
Amendments and other 353 25 328 22 12 10
Actuarial (gains) losses 2,054 1,667 387 (1,748) (1,612) (136)
Acquisitions 27 1 26 109 68 41
Divestments (85) (5) (80) (1,026) (408) (618)
Benefits paid (1,338) (911) (427) (1,261) (871) (390)
Defined benefit obligation at end of year 25,159 15,783 9,376 22,654 13,782 8,872
Germany 15,783 15,783 13,782 13,782
U.S. 3,503 3,503 2,933 2,933
U.K. 2,859 2,859 3,003 3,003
Other 3,014 3,014 2,936 2,936
B27T055_E