2012 ANNUAL REPORT - page 229

229
15. EMPLOYEE BENEFIT OBLIGATIONS
These are detailed as follows:
The impact of employee benefit obligations on the income statement is as follows:
(in millions of Euro)
31 December 2012
31 December 2011
Pension funds
241
188
Employee indemnity liability (Italian TFR)
25
22
Medical benefit plans
28
26
Termination and other benefits
29
26
Incentive plans
21
6
Total
344
268
(in millions of Euro)
31 December 2012
31 December 2011
Pension funds
13
12
Employee indemnity liability (Italian TFR)
1
1
Medical benefit plans
2
2
Termination and other benefits
7
5
Incentive plans
15
6
Total
38
26
(*) Expected returns on plan assets are classified in Finance costs.
The income and expenses relating to employee benefit obligations are as follows:
(*) Expected returns on plan assets are classified in Finance costs.
(in millions of Euro)
2012
Pension funds
Employee
Medical benefit
Termination
Incentive
indemnity liability
plans and other benefits
plans
Current service costs
6
-
1
6
15
Interest costs
19
1
1
1
-
Expected returns on plan assets (*)
(12)
-
-
-
-
Total
13
1
2
7
15
(in millions of Euro)
2011
Pension funds
Employee
Medical benefit
Termination
Incentive
indemnity liability
plans and other benefits
plans
Current service costs
4
-
1
4
6
Interest costs
17
1
1
1
-
Expected returns on plan assets (*)
(11)
-
-
-
-
Losses/(gains) on curtailments and settlements
2
-
-
-
-
Total
12
1
2
5
6
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