UNIVERSAL REGISTRATION DOCUMENT 2023
7 FINANCIAL STATEMENTS Combined financial statements and notes
17.2 Provision for pensions 17.2.1 Provision for pensions – Change in actuarial value of the debt
31.12.2023
31.12.2022
Post ‑ employment benefits
Other long ‑ term benefits
Post ‑ employment benefits
Other long ‑ term benefits
Total
Total
(in millions of euros)
OPENING ACTUARIAL DEBT
556
72
629
762
93
855
Cost of past services
14
6
19
18
8
25
Interest payable
19
2
21
8
0
9
Revaluations of actuarial debt Actuarial differences resulting from changes in demographic assumptions Actuarial differences resulting from changes in financial assumptions Experience ‑ related adjustments Benefits paid directly by the employer
(7)
1
(6)
3
(1)
3
(6)
5
(1)
(199)
(20)
(219)
0
(3)
(3)
14
(3)
11
(9)
(3)
(13)
(16)
(4)
(20)
Benefits paid by hedging assets
(14)
0
(14)
(13)
(0)
(13)
Cost of past services and profit/loss on liquidation
(4)
(1)
(4)
0
(0)
(0)
Change in scope of consolidation
0
0
0
(1)
0
(1)
Change in exchange rates
5
0
5
(21)
0
(21)
Other
8
6
14
1
0
1
CLOSING ACTUARIAL DEBT
562
86
648
556
72
629
17.2.2 Provision for pensions – Change in the fair value of hedging assets
31.12.2023
31.12.2022
Post ‑ employment benefits
Other long ‑ term benefits
Post ‑ employment benefits
Other long ‑ term benefits
Total
Total
(in millions of euros)
OPENING FAIR VALUE OF HEDGING ASSETS
301
301
484
484
Interest income
12
12
7
7
Revaluations of hedging assets Portion of yield on hedging assets in excess of the discount rate
(38)
(38)
(170)
(170)
Change in effect of asset cap
0
0
0
0
Benefits paid
(14)
(14)
(13)
(13)
Employer contributions
14
14
11
11
Employee contributions
0
0
0
0
Change in scope of consolidation
0
0
0
0
Change in exchange rates
5
5
(24)
(24)
Other
(1)
(1)
4
4
CLOSING FAIR VALUE OF HEDGING ASSETS
278
278
301
301
261
Document d’Enregistrement Universel 2023 GROUPAMA ASSURANCES MUTUELLES
Made with FlippingBook flipbook maker