Siemens 2010 Annual Report Download - page 255

147 Consolidated Financial Statements
148 Consolidated Statements of Income
149 Consolidated Statements of Comprehensive Income
150 Consolidated Statements of Financial Position
151 Consolidated Statements of Cash Flow
152 Consolidated Statements of Changes in Equity
154 Notes to Consolidated Financial Statements
(in millions of €, except where otherwise stated
and per share amounts)
261 Additional information

A detailed reconciliation of the changes in the DBO for fiscal
 and  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 €, for active employees, €, for former em-
ployees with vested benefits and €, for retirees and sur-
viving dependents.
In fiscal , the DBO increased due to a decrease in discount
rate for the domestic and foreign pension plans. The item Set-
tlements and curtailments in fiscal , in the table above,
include €() resulting from a curtailment of pension plans in
the U.S. and €() due to a partial settlement of pension plans
in Canada. In fiscal , 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 
was partly offset by a decrease in pension progression and
compensation increase rate as well as by experience adjust-
ments.
September ,  September , 
Total Domestic Foreign Total Domestic Foreign
Change in defined benefit obligations:
Defined benefit obligation at beginning of year 25,159 15,783 9,376 22,654 13,782 8,872
Foreign currency exchange rate changes 714 – 714 (426) – (426)
Service cost 489 303 186 451 272 179
Interest cost 1,327 825 502 1,372 853 519
Settlements and curtailments (305) (1) (304) (50) (2) (48)
Plan participants’ contributions 133 78 55 147 101 46
Amendments and other 56 14 42 353 25 328
Actuarial (gains) losses 3,527 2,469 1,058 2,054 1,667 387
Acquisitions 2 1 1 2 1 1
Divestments (68) (4) (64) (37) (5) (32)
Benefits paid (1,375) (944) (431) (1,361) (911) (450)
Defined benefit obligation at end of year 29,659 18,524 11,135 25,159 15,783 9,376
Germany 18,524 18,524 15,783 15,783
U.S. 4,042 4,042 3,503 3,503
U.K. 3,397 3,397 2,859 2,859
Other 3,696 3,696 3,014 3,014