119
118
Annual Financial Statements
MYTILINEOS GROUP
31/12/2014
31/12/2013
(Amounts in thousands
€
)
Defined Contributions
Plans
Defined Contributions
Plans
Total
Defined Contributions
Plans
Defined Contributions
Plans
Total
Current employment cost
239
-
239
494
-
494
Financial cost
519
285
804
638
259
897
Anticipated return on assets
-
(183)
(183)
-
(205)
(205)
Past employment cost
-
-
-
646
-
646
Settlement Cost
791
561
1,351
-
-
-
Amount to Income Statement
1,549
664
2,212
1,778
54
1,833
Actuarial (Gain)/Losses
immediate recognise in profit and
loss statement
2,172
327
2,499
2,616
4,010
6,626
Amount through Other
Comprehensive Income
2,172
327
2,499
2,616
4,010
6,626
Expected return of plan assets
-
183
183
-
(205)
(205)
Actuarial gains on plan assets
-
101
101
-
343
343
Return of plan assets
-
284
284
-
138
138
MYTILINEOS S.A.
Defined Contributions Plans
(Amounts in thousands
€
)
31/12/2014
31/12/2013
Current employment cost
12
34
Financial cost
20
21
Settlement Cost
7
-
Amount to Income Statement
39
55
Actuarial (Gain)/Losses
immediate recognise in profit and
loss statement
68
(21)
Amount through Other
Comprehensive Income
68
(21)
4.14 Employee benefit liabilities
MYTILINEOS GROUP
31/12/2014
31/12/2013
(Amounts in thousands
€
)
Defined
Contributions Plans
Defined
Contributions Plans Total
Defined
Contributions Plans
Defined
Contributions
Plans
Total
Total Opening
14,989
2,935
17,924
13,892
1,153
15,045
Current Employment Cost
253
-
253
494
-
494
Financial Cost
519
285
804
638
259
897
Employer Contributions
-
1,620
1,620
-
1,550
1,550
Settlements
497
561
1,058
646
-
646
Additions Due To Acquisitions
(202)
-
(202)
-
-
-
Actuarialy (Profits)/ Losses
2,174
327
2,501
2,616
3,278
5,894
Settlement Cost
291
-
291
-
-
-
Contributions Paid
(2,267)
-
(2,267)
(2,969)
-
(2,969)
Closing Balance
16,254
2,306
18,560
14,989
2,935
17,924
MYTILINEOS GROUP
31/12/2014
31/12/2013
(Amounts in thousands
€
)
Defined Contributions Plans
Total Opening
5,216
4,364
Anticipated Return On Assets
183
205
Actuarialy (Profits) / Losses
101
343
Employer Contributions
1,620
1,550
Contributions Paid
(1,930)
(1,246)
Total
5,190
5,216
MYTILINEOS S.A.
31/12/2014
31/12/2013
(Amounts in thousands
€
)
Defined
Contributions Plans
Defined
Contributions Plans Total
Defined
Contributions Plans
Defined
Contributions
Plans
Total
Total Opening
563
-
563
529
-
529
Current Employment Cost
12
-
12
34
-
34
Financial Cost
20
-
20
21
-
21
Additions Due To Acquisitions
3
-
3
-
-
-
Actuarialy (Profits) / Losses
68
-
68
(21)
-
(21)
Settlment Cost
7
-
7
-
-
-
Contributions Paid
(9)
-
(9)
-
-
-
Closing Balance
664
-
664
563
-
563
The Group’s present value of the liability at year end 2014 is 18.560€ and accordingly for 2013, 17.924k:
Certain prior period amounts have been reclassified for presentation purposes.
The Entity’s present value of the liability at year end 2014 is 664k€ and accordingly for 2013, 563k€.
