105 Notes to the Consolidated Financial Statements (continued) Movement in net defined benefit obligation - - - - - - - - - - - - - - - - - - - - - - - - Heineken NV. Report of the Report of the Financial Sustainability Other Annual Report 2016 Introduction Executive Board Supervisory Board Statements Review Information The movement in the net defined benefit obligation over the year is as follows: Present value of Fair value of defined Present value defined benefit obligations benefit plan assets of net obligations In millions of EUR Note 2016 2015 2016 2015 2016 2015 Balance as at 1 January 8,873 8,909 (7,661) (7,547) 1,212 1,362 Included in profit or loss Current service cost 86 83 86 83 Past service cost/(credit) 1 (9) 1 (9) Administration expense 2 6 2 6 Effect of any settlement (1) (2) (1) (2) Expense recognised in personnel expenses 10 86 72 2 6 88 78 Interest expense/(income) 12 257 258 (217) (214) 40 44 343 330 (215) (208) 128 122 Included in OCI Remeasurement loss/(gain): Actuarial loss/(gain) arising from Demographic assumptions 20 (62) 20 (62) Financial assumptions 1,080 (191) 1,080 (191) Experience adjustments (139) (41) (139) (41) Return on plan assets excluding interest income (660) 166 (660) 166 Effect of movements in exchange rates (674) 259 557 (236) (117) 23 287 (35) (103) (70) 184 (105) Other Changes in consolidation and reclassification (1) 13 (1) 13 Contributions paid: By the employer (168) (180) (168) (180) By the plan participants 23 26 (23) (26) Benefits paid (355) (370) 355 370 (333) (331) 164 164 (169) (167) Balance as at 31 December 9,170 8,873 (7,815) (7,661) 1,355 1,212

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2016 | | pagina 106