Page 56 - Bouvet årsrapport ENG 2010 ePub

Bouvet annual report 2010 56

Probability of disability (KU)

Age Man Woman

20 0,09 % 0,12 % 40 0,16 % 0,26 % 60 1,10 % 1,43 % 80 N/A N/A

Calculation of this year’s pension costs

NOK 1 000 2010 2009

Present value of pension earnings of the year 3 957 4 260 Interest charge on accrued pension liabilities 2 556 2 278 Expected return on pension funds -2 192 -1 839 Administration costs 367 0 Actuarial gains/losses recognised in the income statement 1 067 1 988 Expensed social security tax 661 663 Pension costs for the year (note 6) 6 416 7 350

Pension liabilities and pension assets

NOK 1 000 2010 2009

Change in gross pension obligation:

Gross obligation 1.1. 61 150 64 343 Present value of this year's earnings 4 618 4 923 Interest charge on pension liabilities 2 556 2 278 Actuarial loss/gain -881 -10 256 Payment of pensions/paid-up policies -138 -138 Gross pension obligation 31.12. 67 305 61 150

Change in gross pension assets:

Fair value plan assets 1.1. 36 998 29 581 Expected return on pension assets 2 192 1 839 Premium payments 4 444 4 386 Actuarial gains/losses -3 100 1 330 Payment of pensions/paid-up policies -138 -138 Fair value plan assets 31.12. 40 396 36 998

Net pension obligation 26 909 24 152 Unrecognised estimatioin deviation -21 749 -19 918 Net balance sheet recorded pension liability 31.12. 5 160 4 234