Development of plan assets
| Download |
|
Pension plans |
|||
|---|---|---|---|---|
in CHF thousands |
2016 |
2015 |
||
As at 1 January |
376'838 |
422'608 |
||
Plan participation contributions |
6'910 |
6'580 |
||
Company contributions |
13'056 |
12'777 |
||
Assets extinguished on business divestiture |
0 |
–49'694 |
||
Interest income on plan assets |
3'245 |
4'683 |
||
Administration expense |
–600 |
–677 |
||
Benefits paid through pension assets |
–6'026 |
–15'929 |
||
Return on plan assets (excl. amounts in interest income) |
6'473 |
–3'510 |
||
As at 31 December |
399'896 |
376'838 |
||
The pension fund assets per 31 December 2016 include shares of LLB with a market value of CHF thousands 10 (31. 12. 2015: CHF thousands 16). The expected Group contributions for the 2017 financial year amount to CHF thousands 12’861 for the pension plans and CHF thousands 511 for the other long-term benefits.