AEG 21604 G Bedienungsanleitung PDF herunterladen (Seite 563)

F-322

l) Pension and other post-retirement obligations

In accordance with local legislation and historical practices of each country, the Group participates in employee

benefit plans.

For defined contribution plans, the Group expenses contributions as and when they are due. As the Group is not

liable for any legal or constructive obligations under the plans beyond the contributions paid, no provision is

made. Provisions for defined benefit plans are determined as follows:

• using the Projected Unit Credit Method (with projected final salary), each period of service gives rise to

an additional unit of benefit entitlement and each unit is measured separately to calculate the final obli-

gation. Actuarial assumptions such as mortality rates, rates of employee turnover and projection of fu-

ture salary levels are used to calculate the obligation;

• using the "corridor" method, whereby actuarial gains and losses are recognised when the cumulative

unrecognised amount thereof at the beginning of the period exceeds a "corridor". The corridor is 10 per-

cent of the greater of the present value of the obligation and the fair value of the assets at the beginning

of the period. The corridor is calculated and applied separately for each plan. The net cumulative unrec-

ognised actuarial gain or loss at the beginning of the period in excess of the corridor is amortised on a

straight-line basis over the expected remaining working lives of the employees in the plan.

The expense resulting from the change and other post-retirement obligations is recorded in income from operat-

ing activities or in other financial income (loss) depending upon the nature of the underlying obligation.

The Group applies the corridor method to recognise in the profit or loss actuarial gains and losses over the ex-

pected average remaining working lives of employees in the plan and accordingly, decided not to adopt the

Amendment to IAS 19 Employee Benefits – Actuarial Gains and Losses, Group Plans and Disclosures as at 1

January 2006, whereby all actuarial gains and losses arising from defined benefit plans would be recognised

directly in equity immediately.

m) Provisions for restructuring

Provisions for restructuring costs are recorded when the restructuring programs have been approved by Group

management and have been announced, resulting in an obligation of the Group to third parties.

Such costs primarily relate to severance payments, early retirement, costs for notice periods not worked, re-

training costs of terminated employees, and other costs linked to the shut-down of facilities. Write-offs of fixed

assets, inventories and other assets directly linked to restructuring measures are also included in restructuring

costs.

n) Deferred taxation

Deferred income taxes are computed under the balance sheet liability method for all temporary differences aris-

ing between tax bases of assets and liabilities and their reported amounts, including the reversal of entries re-

corded in individual accounts of subsidiaries solely for tax purposes. All amounts resulting from changes to the

tax rate are recorded in the year in which the tax rate change is substantially enacted.

Deferred income tax assets are recorded in the consolidated balance sheet when it is probable that the tax benefit

will be realised in the future.

1 2 ... 558 559 560 561 562 563 564 565 566 567 568 ... 650 651

AEG 21604 G Bedienungsanleitung Seite 563