Page 105 - Annual Report 2010

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103

Financial Statements

EUR Net Periodic Benefit Cost as at 31.12.2010 EIF Pension Health Insurance Total 2010

Current net service cost 1 409 000 348 000 1 757 000 Interest cost 1 218 000 98 000 1 316 000 Amortisation of unrecognised gains/losses 36 000 ( 17 000) 19 000

Net Benefit Expense 2 663 000 429 000 3 092 000

EUR Benefit Liabities as at 31.12.2010 EIF Pension Health Insurance Total 2010

Present value of unfunded obligation 35 457 000 3 351 000 38 808 000 Unrecognised net actuarial gains/(losses) (12 018 000) (986 000) (13 004 000)

Net liabilty 23 439 000 2 365 000 25 804 000

EUR Net Periodic Benefit Cost as at 31.12.2009 EIF Pension Health Insurance Total 2009

Current net service cost 1 655 000 286 000 1 941 000 Interest cost 938 000 78 000 1 016 000 Amortisation of unrecognised gains/losses (5 000) (14 000) (19 000)

Net Benefit Expense 2 588 000 350 000 2 938 000

EUR Benefit Liabities as at 31.12.2009 EIF Pension Health Insurance Total 2009

Present value of unfunded obligation 19 677 000 1 587 000 21 264 000 Unrecognised net actuarial gains/(losses) (469 000) 349 000 (120 000)

Net liabilty 19 208 000 1 936 000 21 144 000

Page 105 - Annual Report 2010

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