Henkel Annual Report 2011


Present value of pension obligations at December 31, 2011

in million euros

Germany

USA

Rest of world

Total

At January 1, 2011

222310187624003

Changes in the Group

1

1-3-3

Translation differences

41

14

55

Actuarial gains (–) / losses (+)

5912156236

Current service cost

35162778

Gains (–) / losses (+) arising from the termination and curtailment of plans

-1-2-3

Interest expense

974933179

Retirement benefits paid out of plan assets / out of reimbursement rights

-119-54-30-203

Employer's payments for pension obligations

-25-21-14-60

Past service cost (+) / gain (–)

-132

At December 31, 2011

226911698464284

of which unfunded obligations

10520892405

of which funded obligations

2164 867 754 3785

of which obligations covered by reimbursement rights

94

94