Econocom - 2020 annual report

06 consolidated financial statements

notes to the consolidated financial statements

Changes in the 2019 provision

Reclassif- ication of liabilities held for sale

Changes in scope of consoli- dation

Benefits paid directly

Actuarial gainsand losses

31 Dec. 2018

Income statement

31 Dec. 2019

in € millions

37.8 (0.3)

2.0 (0.8)

(5.9)

(2.3)

30.5

France

6.8

-

0.5

(0.9)

(1.3)

1.4

6.6

Other countries

Provisions for pensions Long-service awards (France)

44.6 (0.3)

2.5

(1.6)

(7.2)

(0.9)

37.1

0.5

-

(0.2)

-

(0.1)

-

0.3

Total

45.1

(0.3)

2.3

(1.6)

(7.3)

(0.9)

37.4

Changes in plan assets 17.5. Changes in 2020 plan assets

Effects from changes in scope of consoli- dation

Actuarial gains and losses

Benefits paidby employer

Benefits paid by fund

31 Dec. 2019

Expected return

Curtailment/ termination

31 Dec. 2020

in €millions

3.1

(0.8)

0.1

-

(0.4)

-

-

2.0

France

Other countries (1)

24.1

-

0.2

1.0 (0.6)

0.2

0.5 25.4

Total

27.3 (0.8)

0.2

1.0 (1.0)

0.2 0.5 27.4

Including €24.8 million at 31 December 2020 relating to Belgian entities. (1)

These plan assets are mainly invested in financial investments with banks and insurance companies. Changes in 2019 plan assets

Valuation of termi- nation of employ- ment

Actuarial gains and losses

Benefits paidby employer

Benefits paid by fund

31 Dec. 2018

Expected return

Curtailment/- termination

31 Dec. 2019

in €millions

3.8

-

0.1

-

(0.8)

-

-

3.1

France

Other countries (1)

14.7 8.7 0.2

1.1

(0.9)

0.2

0.1

24.1

Total

18.5 8.7 0.3

1.1

(1.6)

0.2

0.1

27.3

Including €23.6 million at 31 December 2019 relating to Belgian entities. (1)

239

2020 annual report