Siemens 2009 Annual Report Download - page 258

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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
Experience adjustments, which result from differences be-
tween the actuarial assumptions and the actual occurrence,
decreased the DBO by 1.6%, 0.9%, 0.3%, 1.5% and 14.2% in fiscal
2009, 2008, 2007, 2006 and 2005, respectively.
Other post-employment benefits: Sensitivity analysis
The health care assumptions may be significantly influenced
by the expected progression in health care expense. A one-
percentage-point change in the healthcare trend rates would
have resulted in the following increase (decrease) of the de-
fined benefit obligation and the service and interest cost as of
and for the year ended September 30, 2009:
Other post-employment benefits: Amounts
recognized in the Consolidated Statements
of Income and Expense recognized in Equity
The actuarial gains and losses on other post-employment ben-
efit plans recognized in the Consolidated Statements of In-
come and Expense recognized in Equity for the fiscal years
ended September 30, 2009 and 2008 were as follows:
Other post-employment benefits: Assumptions used
in the calculation of the DBO and NPBC
Discount rates and other key assumptions used for transition
payments in Germany are the same as those utilized for do-
mestic pension benefit plans.
The weighted-average assumptions used in calculating the ac-
tuarial values for the post-employment healthcare and life in-
surance benefits are as follows:
Year ended September 30, 2009 Year ended September 30, 2008
Total Domestic Foreign Total Domestic Foreign
Actuarial losses (gains) 50 36 14 (27) (14) (13)
Income tax effect (16) (11) (5) 9 4 5
Net amount recognized in the Consolidated Statements
of Income and Expense recognized in Equity (net of tax) 34 25 9 (18) (10) (8)
Germany 25 25 (10) (10)
U.S. 8 8 (5) (5)
Canada 1 1 (3) (3)
B27T068_E
Year ended
Sept. , 
Year ended
Sept. , 
Discount rate 5.66% 6.70%
U.S.:
Medical trend rates
(initial/ultimate/year):
Medicare ineligible pre- 8.5%/5%/2017 9%/5%/2017
Medicare eligible post- 9%/5%/2018 9%/5%/2017
Fixed dollar benefit – –
Dental trend rates
(initial/ultimate/year) 6%/5%/2021 6%/5%/2021
Canada:
Medical trend rates 5.00% 5.00%
Drug trend rates 7%/5%/2010 7%/5%/2010
Dental trend rates 4.00% 4.00%
B27T069_E
September , 
One-percentage-point
increase decrease
Effect on defined benefit obligation 12 (10)
Effect on total of service and
interest cost components 1 (1)
B27T070_E