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The major categories of plan assets as a percentage of total plan assets were as follows:
in %
31.12.2016 31.12.2015
Equity
43
44
Debt
34
33
Real estate
13
10
Cash
5
6
Other
5
7
All equity and debt instruments are listed on a stock exchange.
The amounts recognized in the income statement were as follows:
CHF million
2016
2015
Current service cost
6.9
6.3
Past service cost
–2.1
–0.6
Net interest expenses
0.9
0.9
Pension expenses for defined benefit plans
5.7
6.6
Recognized in the income statement:
as employee expenses
4.9
5.8
as interest expenses
0.9
0.9
Past service cost stems from amendments of Swiss pension plans. The amounts recognized in the
income statement result from plans in the following regions:
CHF million
2016
2015
Expense from defined benefit plans in Switzerland
2.8
4.2
Expense from defined benefit plans in the USA
1.5
1.4
Expense from defined benefit plans in other countries
1.4
1.1
Total
5.7
6.6
The expected employer contributions for the Group’s defined benefit pension plans for 2017 amount
to CHF 6.4 million. The expected benefit payments for 2017 are CHF 5.8 million.
The effect from remeasurement of the defined benefit pension plans recognized in other comprehen-
sive income is as follows:
CHF million
2016
2015
Remeasurement gains and losses
from changes in demographic assumptions
2.1
1.0
from changes in financial assumptions
–9.0
–
from experience adjustment
–0.6
–5.4
Return on plan assets excluding interest income
2.4
0.9
Total
–5.1
–3.5
104
Autoneum
Financial Report 2016
Consolidated Financial Statements