Annual Accounts EVRY ASA
125
Pension costs
NOK million
2012
2011
2010
Current value of pension entitlement accrued over the year
3.2
3.1
1.5
Interest on pension liabilities
0.8
0.8
1.2
Gross pension expense
4.0
3.9
2.7
Estimated return on plan assets
-0.8
-1.2
-1.3
Booked difference due to changes in estimates
-
-3.2
-
Net pension expense
3.2
-0.5
1.3
Additional schemes and early retirement
0.5
0.6
0.3
Pension costs charged to profit and loss
3.7
0.1
1.7
Actual return on plan assets were NOK 2.8 million in 2012.
Pension liabilities
NOK million
2012
2011
2010
Gross pension liability
30.3
29.6
26.2
Plan assets
-22.5
-20.7
-22.0
Changes not amortised
4.2
0.0
5.4
Net pension liability
11.9
8.9
9.5
Pension assets in the balance sheet
-
-
-
Pension liabilities in the balance sheet
11.9
8.9
9.5
Social security tax is included in pension costs and in net pension liabillity. It is not shown separately, but included
in gross pension expense and gross pension liability.
The assumptions used for pension calculations follow the guidelines issued by the Norwegian Accounting Standards
Board (NRS) as at 31 December 2012.
The plan assets as of 31 December were invested as follows:
Investment category
2012
2011
2010
Bonds
72 %
63 %
56 %
Equity securities
9 %
23 %
22 %
Properties
17 %
10 %
13 %
Other
2 %
4 %
9 %
Total
100 % 100 % 100 %
Income from investment in subsidiaries
Income from investment in subsidiaries in 2012 relates to received group contribution and dividends from equity
accumulated during the period of ownership by the parent company.
Income from investment in subsidiaries in 2011 and 2010 relates only to received group contribution from equity
accumulated during the period of ownership by the parent company.
Note 04
1...,115,116,117,118,119,120,121,122,123,124 126,127,128,129,130,131,132,133,134