Eurazeo / 2019 Universal Registration Document

Financial Statements Consolidated Financial Statements for the year ended December 31, 2019

Valuation andchange in Groupobligations 5.2.2. Group obligationsare measuredusing the projectedunit creditmethod. Group obligationsare partiallyfunded by outsidefunds, with the balance coveredby provisionsrecognizedin the balancesheet. The followingtable shows changes in theliability net of planassets recognized in theEurazeo groupbalance sheet:

Fair valueof plan assets Net obligation

Obligation

Liability

Asset 1,639

(In thousandsof euros) December 31, 2018 Current service cost

188,516

(96,868)

91,648

93,287

9,655 2,017

(403)

9,252

9,139 (1,159) (1,347)

(113) (106) (133)

Net interestcost

(3,071) 41,336 (2,068) (6,518)

(1,053)

Benefits paid

(42,550)

(1,214)

Contributionsfrom plan participants Contributionsfrom the employer

2,068 (454)

-

-

(6,972)

(6,972)

Pastservice cost

957

113

1,070

1,070

Impact ofplan curtailments

- - -

- -

- -

- -

Settlements

Returnonplan assets

86

86

86

Actuarial gains and losses demographic assumptions • financial assumptions • Foreigncurrencytranslation December 31, 2019 Due inlessthan one year Due inmore thanone year

5,183 11,955 9,260

- -

5,183 11,955 9,251

5,183 11,955 9,251

Changes in consolidation scope/Reclassifications

(9)

2,671

(1,784)

886

886

189,280

(69,187)

120,092

121,380

1,287

3,591

117,788

Except for actuarial gains and losses, the expense relating to post-employmentbenefits (€8.2 million in 2019, comparedwith €8.1 million in 2018) is split between Employee benefits expense and Financial expenses ( i.e. income of €1.1 million in net financial expenses in 2019 compared with an expense of €1.8 million in 2018).

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