A quantitative sensitivity analysis for significant assumptions is shown below:
(all amounts in Euro thousands)
Assumptions
|
Group |
Company |
| 1.0% increase |
1.0% decrease |
1.0% increase |
1.0% decrease |
| |
Year ended 31 December 2017 |
| Impact on the net defined benefit obligation: |
|
| Discount rate |
-3,252 |
3,581 |
-1,556 |
1,844 |
| Salary |
2,163 |
-1,867 |
1,820 |
-1,566 |
| Health care costs |
91 |
-78 |
- |
- |
| Impact on the current service costs: |
|
| Discount rate |
-61 |
61 |
-101 |
124 |
| Salary |
165 |
-136 |
130 |
-108 |
| Healthcare costs |
3 |
-3 |
- |
- |
| |
Year ended 31 December 2016 |
| Impact on the net defined benefit obligation: |
|
| Discount rate |
-3,366 |
3,996 |
-1,557 |
1,845 |
| Salary |
2,171 |
-1,873 |
1,820 |
-1,567 |
| Health care costs |
111 |
-96 |
- |
- |
| Impact on the current service costs: |
|
| Discount rate |
-30 |
35 |
-86 |
108 |
| Salary |
147 |
-122 |
113 |
-91 |
| Healthcare costs |
6 |
-5 |
- |
- |
The sensitivity analyses above have been determined based on a method that extrapolates the impact on net defined benefit obligation as a result of reasonable changes in key assumptions occurring at the end of the reporting period.
The following payments are expected payments to be made in the future years out of the defined benefit plan obligation (DBO):
| |
Group |
Company |
| |
2017 |
2016 |
2017 |
2016 |
| Not later than 1 years |
3,403 |
2,821 |
1,940 |
1,428 |
| Later than 1 years and not later than 5 years |
6,856 |
7,441 |
1,659 |
1,868 |
| Later than 5 years and not later than 10 years |
11,334 |
11,767 |
4,422 |
4,777 |
| Beyond 10 years |
31,177 |
33,521 |
11,496 |
11,145 |
| Total expected payments |
52,770 |
55,550 |
19,517 |
19,218 |
The components of actuarial losses that re-calculated and recognized immediately in the other comprehensive income for the years ended December 31, 2017 and 2016 are as follows:
| |
Group |
Company |
| |
2017 |
2016 |
2017 |
2016 |
| Due to experience |
1,139 |
-619 |
589 |
41 |
| Due to assumptions (financial) |
132 |
2,635 |
- |
2,026 |
| Due to assumptions (demographic) |
-76 |
-308 |
- |
- |
| Re-measurement losses on DBO |
1,195 |
1,708 |
589 |
2,067 |
| Re-measurement gains on plan assets |
-1,083 |
-230 |
- |
- |
| Re-measurement losses for the period |
112 |
1,478 |
589 |
2,067 |