Siemens 2011 Annual Report Download - page 308

6 A. To our shareholders 51 C. Combined management’s discussion and analysis 23 B. Corporate Governance

In addition to net periodic benefit cost for continuing opera-
tions presented in the table above, less than a million and
€() million were recognized for Siemens IT Solutions and
Services and for OSRAM for the years ended September ,
 and .
OTHER POST-EMPLOYMENT BENEFITS:
AMOUNTS RECOGNIZED IN THE CONSOLIDATED
STATEMENTS OF COMPREHENSIVE INCOME
The actuarial gains and losses on other post-employment
benefit plans recognized in the Consolidated Statements of
Comprehensive Income for the fiscal years ended September
,  and  were as follows:
Year ended September ,  Year ended September , 
(in millions of €) Total Domestic Foreign Total Domestic Foreign
Service cost 21 10 11 24 10 14
Interest cost 36 13 23 41 17 24
Amortization of unrecognized past service cost (benefits) 4 – 4 2 – 2
Loss (gain) due to settlements and curtailments (10) – (10) (5) – (5)
Net periodic benefit cost 51 23 28 62 27 35
OTHER POST-EMPLOYMENT BENEFITS:
COMPONENTS OF NPBC
The components of the NPBC for other post-employment ben-
efits for the years ended September ,  and , are as
follows:
Year ended September ,  Year ended September , 
(in millions of €) Total Domestic Foreign Total Domestic Foreign
Actuarial losses (gains) (24) (18) (6) 77 25 52
Income tax effect 7 5 2 (27) (8) (19)
Net amount recognized in the Consolidated Statements
of Comprehensive Income, net of tax (17) (13) (4) 50 17 33
Germany (13) (13) 17 17
U.S. – – 21 21
Canada (1) (1) 7 7
Other (3) (3) 5 5
For the year ended September , , cumulative income or
expense of less than a million is recognized in line item Net
amount recognized in the Consolidated Statements of Com-
prehensive Income, net of tax which relates to OSRAM.
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.