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Consolidated Financial Statements 
The net defined benefit balance of € , million and € , mil-
lion as of September ,  and  comprised € , million
and € , million net defined benefit liability and €  million
and €  million net defined benefit asset, respectively. Net in-
terest expenses amounted to €  million and €  million,
respectively, in fiscal  and . Consistent with prior year,
the DBO is attributable to active employees  %, to former em-
ployees with vested rights  % and to retirees and surviving
dependants  %.
The remeasurements comprise actuarial (gains) and losses
resulting from:
Fiscal year
(in millions of €) 2015 2014
Changes in demographic assumptions 26 370
Changes in financial assumptions (8) 1,602
Experience (gains) losses (59) –
Total (41) 1,972
Actuarial assumptions
The weighted-average discount rate used for the actuarial valu-
ation of the DBO at period-end was as follows:
Sep 30,
2015 2014
Discount rate 3.0% 3.0%
Germany 2.7% 2.4%
U. S. 4.3% 4.6%
U. K. 3.9% 4.5%
CH 1.0% 1.8%
The discount rate was derived from high-quality corporate
bonds with an issuing volume of more than  million units in
the respective currency zones, which have been awarded an AA
rating (or equivalent) by at least one of the three rating agen-
cies Moody’s Investor Service, Standard & Poor’s Rating Services
or Fitch Ratings.
Applied mortality tables are:
Germany Heubeck Richttafeln 2005G (modified)
U. S. RP-2014 mortality table with MP-2014
generational projection
U. K. SAPS S2 (Standard mortality tables
for Self Administered Pension Schemes
with allowance for future mortality
improvements)
CH BVG 2010 G
The rates of compensation increase and pension progression
for countries with significant effects are shown in the following
table. Inflation effects, if applicable, are included in the assump-
tions below.
Sep 30,
2015 2014
Compensation increase
U. K. 3.6% 4.8%
CH 1.5% 1.5%
Pension progression
Germany 1.7% 1.7%
U. K. 2.9% 3.2%