Anders Hedin Invest Årsredovisning 1
Holdings with non-controlling interests Summary i
nformation from the balance sheet Fixed assets Current assets Long-term liabilities Current liabilities Net assets Summary information on results Income Profit after financial items Profit for the year Summary of cash flow statement Cash flow from current operations Cash flow from investing activities Cash flow from financing activities Change of liquid funds NOTE 25 PENSIONS Opening carrying amount Business acquisitions Pension payments Interest Revaluation due to changes in financial assumptions Revaluation due to experience-based adjustments Defined benefit pension plans For civil servants in Sweden, the ITP 2 plan's defined benefit pension commitments for retirement and family pensions are secured through the insurance with Alecta. According to a statement from the Financial Reporting Board, UFR 10 Classification of ITP plans funded through an insurance in Alecta, a defined benefit plan covers several employers. The company has not had access to information and therefore could not report its proportional share of the plan’s liabilities, management assets and expenses. This meant that the plan could not be reported as a defined benefit plan. 1/1/2017 - 12/31/2017 87,071 0 -5,411 1,951 4,386 1,097 89,094 1/1/2016 - 12/31/2016 73,047 22,876 -5,546 2,230 -3,818 -1,718 87,071 Therefore, the pension plan ITP 2, secured through insurance in Alecta, is reported as a defined contribution plan. The premium for the defined-benefit retirement and family pension is individually calculated and depends, inter alia, on the salary, previously earned retirement and expected remaining retirement period. The annual pension insurance contributions in Alecta amount to 22,132 (13,693). The Group has also defined benefit plans in Sweden and these are secured through FPG/PRI. These plans are closed and no new earnings are made. The pension liabilities for these amount to 89,094 (87,071). For the actuarial calculations, a discount rate of 2.05% (2.3%) and an inflation of 1.9% (1.7%) have been applied. Sensitivity analysis Discount rate Inflation Life span Adoption +0.5% +0.5% +1 year Change -4,876 5,266 3,952 12/31/2017 2,766,832 3,583,381 -2,929,490 -2,716,761 703,962 12/31/2017 12,700,039 143,781 118,677 12/31/2017 -11,958 -1,675,521 1,738,367 50,888 12/31/2016 775,756 1,518,753 -479,115 -1,200,317 615,077 12/31/2016 9,783,508 166,138 135,500 12/31/2016 370,487 -382,719 10,268 -1,964 ANDERS HEDIN INVEST AB / ANNUAL REPORT / 2017 95