276
Annual Report -
2013
-
Vivendi
4
Financial Report | Statutory Auditors’ Report on the Consolidated Financial Statements |
Consolidated
Financial Statements
| Statutory Auditors’ Report on the Financial Statements | Statutory Financial Statements
Note 21. Employee benefits
21.2.2.
Analysis of the expense recorded and of the amount of benefits paid
(in millions of euros)
Pension benefits Post-retirement benefits
Total
2013
2012
2013
2012
2013
2012
Current service cost
19
18
-
-
19
18
Past service cost
(a)
(17)
(20)
-
-
(17)
(20)
(Gains)/losses on settlements
(7)
-
-
-
(7)
-
Other
1
1
-
-
1
1
Impact on selling, administrative and general expenses
(4)
(1)
-
-
(4)
(1)
Interest cost
27
29
6
7
33
36
Expected return on plan assets
(13)
(13)
-
-
(13)
(13)
Impact on other financial charges and income
14
16
6
7
20
23
Net benefit cost recognized in profit and loss
10
15
6
7
16
22
(a)
The recorded past service cost mainly relates to the effect of decreases in relation to the restructuring at SFR (impact in 2013), as well as the
change of part of the group’s management team since the end of June 2012.
In 2013, benefits paid amounted to (i) €35 million (compared to €29 million in 2012) with respect to pensions, of which €9 million (compared
to €7 million in 2012) was paid by pension funds, and (ii) €10 million (compared to €12 million in 2012) was paid with respect to post-retirement
benefits.
