Siemens 2011 Annual Report Download - page 303

153 D. Consolidated Financial Statements 273 E. Additional information
158 D. Consolidated Statements of Changes in Equity
160 D. Notes to Consolidated Financial Statements
266 D. Supervisory Board and Managing Board
154 D. Consolidated Statements of Income
155 D.2 Consolidated Statements of Comprehensive Income
156 D. Consolidated Statements of Financial Position
157 D. Consolidated Statements of Cash Flow

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:
For the year ended September , , cumulative income or
expense of €() million is recognized in line item Net amount
recognized in the Consolidated Statements of Comprehensive
Income, net of tax which relates to OSRAM.
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
Year ended September ,  Year ended September , 
(in millions of €) Total Domestic Foreign Total Domestic Foreign
Actuarial losses (gains) (113) (254) 141 2,763 1,940 823
Effects in connection with asset ceiling 18 – 18 6 – 6
Income tax effect 146 227 (81) (824) (594) (230)
Net amount recognized in the Consolidated Statements
of Comprehensive Income, net of tax 51 (27) 78 1,945 1,346 599
Germany (27) (27) 1,346 1,346
U.S. 228 228 138 138
U.K. (208) (208) 71 71
Other 58 58 390 390
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.
The weighted-average discount rate used for the actuarial val-
uation of the DBO at period-end and the expected return on
plan assets for the fiscal year ending at period-end were as fol-
lows:
Year ended September ,  Year ended September , 
Total Domestic Foreign Total Domestic Foreign
Discount rate 4.5% 4.7% 4.3% 4.2% 4.0% 4.4%
Germany 4.7% 4.7% 4.0% 4.0%
U.S. 4.10% 4.10% 4.80% 4.80%
U.K. 5.7% 5.7% 5.3% 5.3%
Expected return on plan assets 6.3% 6.5% 6.1% 6.4% 6.5% 6.2%
Germany 6.5% 6.5% 6.5% 6.5%
U.S. 6.95% 6.95% 6.95% 6.95%
U.K. 6.0% 6.0% 6.0% 6.0%