Siemens 2010 Annual Report Download - page 257

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
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Pension benefits: Components of NPBC
The components of the NPBC for the fiscal years ended Sep-
tember ,  and  are as follows:
Net periodic benefit cost in fiscal , in the table above, in-
clude a € curtailment gain resulting from the freeze of
pension plans in the U.S. Employees will keep benefits earned,
however, will not earn future benefits under these plans. In-
stead, employer contributions will be made to existing defined
contribution plans.
Year ended September ,  Year ended September , 
Total Domestic Foreign Total Domestic Foreign
Service cost 489 303 186 451 272 179
Interest cost 1,327 825 502 1,372 853 519
Expected return on plan assets (1,348) (840) (508) (1,250) (774) (476)
Amortization of past service cost (benefits) 17 – 17 14 17 (3)
Loss (gain) due to settlements and curtailments (183) (1) (182) (38) (2) (36)
Net periodic benefit cost 302 287 15 549 366 183
Germany 287 287 366 366
U.S. (51) (51) 144 144
U.K. 25 25 30 30
Other 41 41 9 9
Pension benefits: Amounts recognized in the Consolidated
Statements of Comprehensive Income
The actuarial gains and losses on defined benefit pension
plans recognized in the Consolidated Statements of Compre-
hensive Income for the fiscal years ended September , 
and  were as follows:
Year ended September ,  Year ended September , 
Total Domestic Foreign Total Domestic Foreign
Actuarial losses (gains) 2,591 1,909 682 1,398 895 503
Effects in connection with asset ceiling (9) – (9) 104 – 104
Income tax effect (774) (584) (190) (398) (194) (204)
Net amount recognized in the Consolidated Statements
of Comprehensive Income, net of tax 1,808 1,325 483 1,104 701 403
Germany 1,325 1,325 701 701
U.S. 138 138 130 130
U.K. 71 71 268 268
Other 274 274 5 5
Pension benefits: Assumptions for the calculation
of the DBO and NPBC
Assumed discount rates, compensation increase rates and pen-
sion progression rates used in calculating the DBO together
with long-term rates of return on plan assets vary according to
the economic conditions of the country in which the retire-
ment plans are situated or where plan assets are invested as
well as capital market expectations.