PERNOD RICARD - 2018-2019 Universal registration document
6.
CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements
Changes in provisions for pensions and other long-term employee benefits are shown below:
30.06.2019
30.06.2018
Medical expenses and other employee benefits
Medical expenses and other employee benefits
Pension benefits
Pension benefits
Net liabilities recognised in the balance sheet € million
Total
Total
Change in the actuarial value of cumulative benefit obligations Actuarial value of cumulative benefit obligations at beginning of period 5,480
165
5,645
5,092
148
5,240
Service cost
44 137
3 5 1
47
40 139
3 5 1
43
Interest cost (effect of unwinding of discount)
143
144
Employee contributions
2
3
2
3
Benefits paid
(302)
(10)
(312)
(262)
(10)
(272)
Administrative fees/premiums/levies Plan amendments/reduction of future rights
(1)
-
(1) (8) (3)
(1) 34
-
(1)
(6) (3)
(1)
0
33
Liquidation of benefits Actuarial (gains)/losses
-
-
-
-
(202)
(10)
(212) (62)
(50) (30)
(1)
(50) (27)
Currency translation adjustments Changes in scope of consolidation
(58)
(5)
2
0
0
0
0
0
0
ACTUARIAL VALUEOF CUMULATIVE BENEFITOBLIGATIONS AT ENDOF PERIOD Change in the fair value of plan assets Fair value of plan assets at beginning of period
5,092
148
5,240
4,965
147
5,113
5,517 140
- - - - - - - - - - - - - - -
5,517 140
5,478
- - - - - - - - - - - - - - -
5,478
Interest income on plan assets
151
151
Experience gains/(losses) on plan assets
122
122
265
265
Employee contributions Employer contributions
2
2
2
2
57
57
51
51
Benefits paid
(293)
(293)
(248)
(248)
Administrative fees/premiums/levies Plan amendments/reduction of future rights
(9)
(9)
(10)
(10)
- -
- -
- -
- -
Liquidation of benefits
Currency translation adjustments Changes in scope of consolidation
(56)
(56)
(45)
(45)
-
-
-
-
FAIRVALUEOF PLANASSETS AT END OF PERIOD
5,478 4,981 5,478 (497)
5,478 4,981 5,478 (497)
5,645 4,844 5,645 (801)
5,645 4,844 5,645 (801)
Present value of funded benefits
Fair value of plan assets
Deficit/(surplus) on funded benefits
Present value of unfunded benefits Effect of ceiling on plan assets (including the impact of IFRIC 14)
111
148
259
121
147
268
11
-
11
9
-
9
NET (ASSETS)/LIABILITIES RECOGNISED IN THE BALANCE SHEET
(375)
148
(227)
(671)
147
(524)
183
2018-2019
PERNOD RICARD UNIVERSAL REGISTRATIONDOCUMENT
Made with FlippingBook - professional solution for displaying marketing and sales documents online