doc__table__786

| 120A | An entity shall disclose the following information about defined benefit plans: (a) the entity's accounting policy for recognising actuarial gains and losses; (b) a general description of the type of plan; (c) a reconciliation of opening and closing balances of the present value of the defined benefit obligation showing separately, if applicable, the effects during the period attributable to each of the following: (i) current service cost; (ii) interest cost; (iii) contributions by plan participants; (iv) actuarial gains and losses; (v) foreign currency exchange rate changes on plans measured in a currency different from the entity's presentation currency; (vi) benefits paid; (vii) past service cost; (viii) business combinations; (ix) curtailments; and (x) settlements; (d) an analysis of the defined benefit obligation into amounts arising from plans that are wholly unfunded and amounts arising from plans that are wholly or partly funded; (e) a reconciliation of the opening and closing balances of the fair value of plan assets and of the opening and closing balances of any reimbursement right recognised as an asset in accordance with paragraph 104A showing separately, if applicable, the effects during the period attributable to each of the following: (i) expected return on plan assets; (ii) actuarial gains and losses; (iii) foreign currency exchange rate changes on plans measured in a currency different from the entity's presentation currency; (iv) contributions by the employer; (v) contributions by plan participants; (vi) benefits paid; (vii) business combinations; and (viii) settlements; (f) a reconciliation of the present value of the defined benefit obligation in (c) and the fair value of the plan assets in (e) to the assets and liabilities recognised in the balance sheet, showing at least: (i) the net actuarial gains or losses not recognised in the balance sheet (see paragraph 92); (ii) the past service cost not recognised in the balance sheet (see paragraph 96); (iii) any amount not recognised as an asset, because of the limit in paragraph 58(b); (iv) the fair value at the balance sheet date of any reimbursement right recognised as an asset in accordance with paragraph 104A (with a brief description of the link between the reimbursement right and the related obligation); and (v) the other amounts recognised in the balance sheet; (g) the total expense recognised in profit or loss for each of the following, and the line item(s) in which they are included: (i) current service cost; (ii) interest cost; (iii) expected return on plan assets; (iv) expected return on any reimbursement right recognised as an asset in accordance with paragraph 104A; (v) actuarial gains and losses; (vi) past service cost; (vii) the effect of any curtailment or settlement; and (viii) the effect of the limit in paragraph 58(b); (h) the total amount recognised in the statement of recognised income and expense for each of the following: (i) actuarial gains and losses; and (ii) the effect of the limit in paragraph 58(b); (i) for entities that recognise actuarial gains and losses in the statement of recognised income and expense in accordance with paragraph 93A, the cumulative amount of actuarial gains and losses recognised in the statement of recognised income and expense; (j) for each major category of plan assets, which shall include, but is not limited to, equity instruments, debt instruments, property, and all other assets, the percentage or amount that each major category constitutes of the fair value of the total plan assets; (k) the amounts included in the fair value of plan assets for: (i) each category of the entity's own financial instruments; and (ii) any property occupied by, or other assets used by, the entity; (l) a narrative description of the basis used to determine the overall expected rate of return on assets, including the effect of the major categories of plan assets; (m) the actual return on plan assets, as well as the actual return on any reimbursement right recognised as an asset in accordance with paragraph 104A; (n) the principal actuarial assumptions used as at the balance sheet date, including, when applicable: (i) the discount rates; (ii) the expected rates of return on any plan assets for the periods presented in the financial statements; (iii) the expected rates of return for the periods presented in the financial statements on any reimbursement right recognised as an asset in accordance with paragraph 104A; (iv) the expected rates of salary increases (and of changes in an index or other variable specified in the formal or constructive terms of a plan as the basis for future benefit increases); (v) medical cost trend rates; and (vi) any other material actuarial assumptions used. An entity shall disclose each actuarial assumption in absolute terms (for example, as an absolute percentage) and not just as a margin between different percentages or other variables; (o) the effect of an increase of one percentage point and the effect of a decrease of one percentage point in the assumed medical cost trend rates on: (i) the aggregate of the current service cost and interest cost components of net periodic post-employment medical costs; and (ii) the accumulated post-employment benefit obligation for medical costs. For the purposes of this disclosure, all other assumptions shall be held constant. For plans operating in a high inflation environment, the disclosure shall be the effect of a percentage increase or decrease in the assumed medical cost trend rate of a significance similar to one percentage point in a low inflation environment; (p) the amounts for the current annual period and previous four annual periods of: (i) the present value of the defined benefit obligation, the fair value of the plan assets and the surplus or deficit in the plan; and (ii) the experience adjustments arising on: (A) the plan liabilities expressed either as (1) an amount or (2) a percentage of the plan liabilities at the balance sheet date; and (B) the plan assets expressed either as (1) an amount or (2) a percentage of the plan assets at the balance sheet date; (q) the employer's best estimate, as soon as it can reasonably be determined, of contributions expected to be paid to the plan during the annual period beginning after the balance sheet date.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-08 · Text as adopted (Official Journal); later amendments are not incorporated in this text.