PZU Annual Report 2015
Published on PZU Annual Report 2015 (http://raportroczny2015.pzu.pl)

Home > 44.1 Provisions for retirement benefits

44.1 Provisions for retirement benefits [1]

Change in the balance of provision for retirement benefits 1 January - 31 December 2015 1 January - 31 December 2014
Opening balance 20,923 12,141
Changes recognized in profit or loss account 1,889 1,896
- current service cost 1,547 1,561
- past service cost 51 185
- interest income or expense 291 150
Remeasurement of provision (changes recognized in other comprehensive income) (931) 3,306
- actuarial profits and losses resulting from changes in demographic assumptions (23) (271)
- actuarial profits and losses resulting from changes in financial assumptions (929) 3,577
- other 21 -
Exchange differences 5 56
Benefits paid (681) (548)
Change in group composition 2,082 4,072
Closing balance 23,287 20,923
provisions_for_employee_benefits_3_pzu2015.xlsx [2]
 
Total expected cash flows from retirement benefits since the end of the financial year 31 December 2015 31 December 2014
Up to 3 months 827 608
Over 3 months and up to 1 year 1,334 908
Over 1 year and up to 5 years 4,243 3,274
Over 5 years 75,040 69,207
Total 81,444 73,997
provisions_for_employee_benefits_4_pzu2015.xlsx [3]
 


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[1] http://raportroczny2015.pzu.pl/en/content/441-provisions-retirement-benefits
[2] http://raportroczny2015.pzu.pl/sites/pzu15ar/files/provisions_for_employee_benefits_3_pzu2015.xlsx
[3] http://raportroczny2015.pzu.pl/sites/pzu15ar/files/provisions_for_employee_benefits_4_pzu2015.xlsx