Econocom - 2019 Universal registration document

06 consolidated financial statements

notes to the consolidated financial statements

Income and expenses recognised in profit or loss 17.3. Items of pension cost

31 ژ Dec. 2019 31 ژ Dec. 2018 restated *

in € ڳ millions

ژ (3.9)

(3.9)

Service cost

1.7 ژ

1.4

Curtailment/termination

ژ (0.6)

(0.6)

Interest expense

ژ 0.3

0.3

Expected return on plan assets

Total costs recognised in profit or loss

ژ (2.5)

(2.7)

Total costs recognised in other items of comprehensive income

ژ (0.9)

(2.0)

Following the application of IFRS ژ 5 (see 2.2.5.) *

Service cost is shown within “Personnel costs” in the income statement. Interest expense, corresponding to the cost of discounting the obligation, is included in “Financial expenses”. Curtailments and terminations are mainly included in non-recurring operating profit.

Changes in provisions recorded in the statement 17.4. of financial position Changes in the 2019 provision

Reclas- sifica- tion of liabilities held for sale

Changes in scope of consoli- dation

Actua- rial gains and losses (1)

Income state- ment

Benefits paid directly

31 ژ Dec. 2018

31 ژ Dec. 2019

in € ڳ millions

37.8 (0.3)

ژ 2.0

ژ (0.8)

(5.9)

ژ (2.3)

ژ 30.5

France

6.8

-

0.5

ژ (0.9)

(1.3)

ژ 1.4

ژ 6.6

Other countries

Provisions for ژ pensions

44.6 (0.3)

ژ 2.5

ژ (1.6)

(7.2)

ژ (0.9)

ژ 37.1

Long-service awards (France)

0.5

-

ژ (0.2)

- ژ

(0.1)

- ژ

ژ 0.3

Total ژ 37.4 Cumulative revaluation gains and losses carried in other comprehensive income represented a net negative (1) amount of €4.3 ژ million in 2019 and €5.0 ژ million in 2018, i.e., a change of €0.7 million between the two periods, resulting primarily from the change in actuarial assumptions. 45.1 (0.3) ژ 2.3 ژ (1.6) (7.3) (0.9) ژ

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2019 annual report