IFRS Foundation
Example11 2011-12-31 Example11 2012-12-31 Example11 2012-01-01 2012-12-31 Example11 2011-12-31 example11:DefinedBenefitPensionPlansMember Example11 2011-12-31 example11:PostEmploymentMedicalBenefitsMember Example11 2011-01-01 2011-12-31 example11:DefinedBenefitPensionPlansMember Example11 2011-01-01 2011-12-31 example11:PostEmploymentMedicalBenefitsMember Example11 2012-12-31 example11:DefinedBenefitPensionPlansMember Example11 2012-12-31 example11:PostEmploymentMedicalBenefitsMember Example11 2012-01-01 2012-12-31 example11:DefinedBenefitPensionPlansMember Example11 2012-01-01 2012-12-31 example11:PostEmploymentMedicalBenefitsMember Example11 2010-12-31 example11:DefinedBenefitPensionPlansMember Example11 2010-12-31 example11:PostEmploymentMedicalBenefitsMember Example11 2010-01-01 2010-12-31 example11:DefinedBenefitPensionPlansMember Example11 2010-01-01 2010-12-31 example11:PostEmploymentMedicalBenefitsMember Example11 2009-01-01 2009-12-31 example11:DefinedBenefitPensionPlansMember Example11 2009-01-01 2009-12-31 example11:PostEmploymentMedicalBenefitsMember Example11 2009-12-31 example11:DefinedBenefitPensionPlansMember Example11 2009-12-31 example11:PostEmploymentMedicalBenefitsMember Example11 2008-01-01 2008-12-31 example11:DefinedBenefitPensionPlansMember Example11 2008-01-01 2008-12-31 example11:PostEmploymentMedicalBenefitsMember Example11 2008-12-31 example11:DefinedBenefitPensionPlansMember Example11 2008-12-31 example11:PostEmploymentMedicalBenefitsMember iso4217:EUR xbrli:pure

IFRS Taxonomy 2012 – Illustrative examples

Employee benefits obligations

Examples from IAS 19 (B Illustrative disclosures) representing some of the disclosures required by IAS 19 for employee benefit obligations using block and detailed XBRL tagging.

The amounts recognised in the statement of financial position are as follows:

Defined benefit pension plans

Post-employment medical benefits

20X2

20X1

20X2

20X1

Present value of funded obligations

20,300

17,400

Fair value of plan assets

( 18,420)

( 17,280)

1,880

120

Present value of unfunded obligations

2,000

1,000

7,337

6,405

Unrecognised actuarial gains (losses)

( 1,605)

840

( 2,707)

( 2,607)

Unrecognised past service cost

( 450)

( 650)

Net liability

1,825

1,310

4,630

3,798

Amounts in the statement of financial position:

liabilities

1,825

1,400

4,630

3,798

assets

( 90)

Net liability

1,825

1,310

4,630

3,798

The pension plan assets include ordinary shares issued by [name of reporting entity] with a fair value of 317 (20X1: 281).  Plan assets also include property occupied by [name of reporting entity] with a fair value of 200 (20X1: 185).

The amounts recognised in profit or loss are as follows:

Defined benefit pension plans

Post-employment medical benefits

20X2

20X1

20X2

20X1

Current service cost

850

750

479

411

Interest on obligation

950

1,000

803

705

Expected return on plan assets

( 900)

( 650)

Net actuarial losses (gains) recognised in year

( 70)

( 20)

150

140

Past service cost

200

200

Losses (gains) on curtailments and settlements

175

( 390)

Total, included in ‘employee benefits expense’

1,205

890

1,432

1,256

Actual return on plan assets

600

2,250

Changes in the present value of the defined benefit obligation are as follows:

Defined benefit pension plans

Post-employment medical benefits

20X2

20X1

20X2

20X1

Opening defined benefit obligation

18,400

11,600

6,405

5,439

Service cost

850

750

479

411

Interest cost

950

1,000

803

705

Actuarial losses (gains)

2,350

950

250

400

Losses (gains) on curtailments

( 500)

Liabilities extinguished on settlements

( 350)

Liabilities assumed in a business combination

5,000

Exchange differences on foreign plans

900

( 150)

Benefits paid

( 650)

( 400)

( 600)

( 550)

Closing defined benefit obligation

22,300

18,400

7,337

6,405

Changes in the fair value of plan assets are as follows:

Defined benefit pension plans

20X2

20X1

Opening fair value of plan assets

17,280

9,200

Expected return

900

650

Actuarial gains and (losses)

( 300)

1,600

Assets distributed on settlements

( 400)

Contributions by employer

700

350

Assets acquired in a business combination

6,000

Exchange differences on foreign plans

890

( 120)

Benefits paid

( 650)

( 400)

18,420

17,280

The group expects to contribute 900 to its defined benefit pension plans in 20X3. 

The major categories of plan assets as a percentage of total plan
assets are as follows:

20X2

20X1

European equities

30%

35%

North American equities

16%

15%

European bonds

31%

28%

North American bonds

18%

17%

Property

5%

5%

Principal actuarial assumptions at the end of the reporting period (expressed as weighted averages):

20X2

20X1

Discount rate at 31 December

5.0%

6.5%

Expected return on plan assets at 31 December

5.4%

7.0%

Future salary increases

5%

4%

Future pension increases

3%

2%

Proportion of employees opting for early retirement

30%

30%

Annual increase in healthcare costs

8%

8%

Future changes in maximum state healthcare benefits

3%

2%

Assumed healthcare cost trend rates have a significant effect on the amounts recognised in profit or loss.  A one percentage point change in assumed healthcare cost trend rates would have the following effects:

One percentage point increase

One percentage point decrease

Effect on the aggregate of the service cost and interest cost

190

( 150)

Effect on defined benefit obligation

1,000

( 900)

Amounts for the current and previous four periods are as follows:

Defined benefit pension plans

20X2

20X1

20X0

20W9

20W8

Defined benefit
obligation

( 22,300)

( 18,400)

( 11,600)

( 10,582)

( 9,144)

Plan assets

18,420

17,280

9,200

8,502

10,000

Surplus/(deficit)

( 3,880)

( 1,120)

( 2,400)

( 2,080)

856

Experience adjustments on
plan liabilities

( 1,111)

( 768)

( 69)

543

( 642)

Experience adjustments on
plan assets

( 300)

1,600

( 1,078)

( 2,890)

2,777

Post-employment medical benefits

20X2

20X1

20X0

20W9

20W8

Defined benefit obligation

7,337

6,405

5,439

4,923

4,221

Experience adjustments on
plan liabilities

( 232)

829

490

( 174)

( 103)


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