110 Financial statements Notes to the consolidated financial statements 28. Employee benefits Liability for defined benefit obligations Heineken makes contributions to a number of defined benefit plans that provide pension benefits for employees upon retirement in a number of countries being mainly: the Netherlands, the UK, Ireland, Greece, Austria, Italy, France, Spain, Mexico and Nigeria. In other countries the pension plans are defined contribution plans and/or similar arrangements for employees. Other long-term employee benefits mainly relate to long-term bonus plans, termination benefits and jubilee benefits. Movements in the present value of the defined benefit obligations ins of EUR 2010 Defined benefit obligations as at 1 January 5,935 4,96 Changes in consolidation and reclassification 286 Effect of movements in exchange rates 131 153 Benefits paid (298) (271) Employee contributions 19 Current service costs and interest on obligation (see below) 411 363 Past service costs (9) Effect of any curtailment or settlement (15) Actuarial (gains)/losses 183 Defined benefit obligations as at 31 December 6,643 5,93 Movements in the present value of plan assets 2010 Fair value of plan assets as at 1 January 4,858 4,23 Changes in consolidation and reclassification 115 Effect of movements in exchange rates 127 160 Contributions paid into the plan 226 157 Benefits paid (298) (255) Expected return on plan assets 298 252 Actuarial gains/(losses) 320 Fair value of plan assets as at 31 December 5,646 4,858 Actual return on plan assets 618 570 Expense recognised in profit or loss In millions of EUR 2010 Current service costs 77 Interest on obligation 334 293 Expected return on plan assets (298) (252) Actuarial gains and losses recognised 15 Past service costs (9) Effect of any curtailment or settlement (15) 104 107

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2010 | | pagina 107