IFRS Disclosure Guide

45. Notes - Employee benefits

Disclosure of employee benefits


Disclosure of information about defined benefit plans


Disclosure of defined benefit plans
 
Defined benefit plansnoneGeographical areasnoneCharacteristics of defined benefit plansnoneRegulatory environmentsnoneSegmentsnoneFunding arrangements of defined benefit plansnone
Defined benefit plans other than multi-employer plans, state plans and plans that share risks between entities under common controlnoneMulti-employer defined benefit plansnoneState defined benefit plansnoneDefined benefit plans that share risks between entities under common controlnonePension defined benefit plansnonePost-employment medical defined benefit plansnoneReportable segmentsnoneWholly unfunded defined benefit plansnoneWholly or partly funded defined benefit plansnone
Flat salary pension defined benefit plansnoneFinal salary pension defined benefit plansnone
At 31.12.2019: 
Surplus (deficit) in plan 
Defined benefit obligation, at present value            
Plan assets, at fair value            
Surplus (deficit) in plan{"DefinedBenefitObligationAtPresentValue":"-1","PlanAssetsAtFairValue":"1"}real[]            
Entity's own financial instruments included in fair value of plan assets            
Property occupied by entity included in fair value of plan assets            
Other assets used by entity included in fair value of plan assets            
Actuarial assumption of discount ratesX.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%
Actuarial assumption of expected rates of salary increasesX.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%
Actuarial assumption of medical cost trend ratesX.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%
Actuarial assumption of expected rates of pension increasesX.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%
Actuarial assumption of expected rates of inflationX.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%
Actuarial assumption of mortality ratesX.XX.XX.XX.XX.XX.XX.XX.XX.XX.XX.XX.X
For the year 2019: 
Actuarial assumption of retirement ageotherotherotherotherotherotherotherotherotherotherotherother
Actuarial assumption of life expectancy after retirementotherotherotherotherotherotherotherotherotherotherotherother
At 31.12.2019: 
Other material actuarial assumptionsX.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%
For the year 2019: 
Estimate of contributions expected to be paid to plan for next annual reporting period            
Disclosure of information about maturity profile of defined benefit obligation 
Weighted average duration of defined benefit obligationotherotherotherotherotherotherotherotherotherotherotherother
At 31.12.2019: 
Level of participation of entity compared with other participating entitiesX.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%

Defined benefit plans & Geographical areas & Characteristics of defined benefit plans & Regulatory environments & Segments & Funding arrangements of defined benefit plans:
  • Description of type of plan
    • Description of nature of benefits provided by plan
    • Description of regulatory framework in which plan operates
    • Description of effect of regulatory framework on plan
    • Description of any other entity's responsibilities for governance of plan
  • Description of risks to which plan exposes entity
  • Description of significant concentrations of risk related to plan
  • Description of plan amendments, curtailments and settlements
  • Description of link between reimbursement right and related obligation
  • Description of how entity determined maximum economic benefit available
  • Description of asset-liability matching strategies used by plan or entity to manage risk
  • Description of funding arrangements and funding policy that affect future contributions
  • Description of extent to which entity can be liable to multi-employer or state plan for other entities' obligations
  • Description of agreed allocation of deficit or surplus of multi-employer or state plan on wind-up of plan
  • Description of agreed allocation of deficit or surplus of multi-employer or state plan on entity's withdrawal from plan
  • Description of fact that multi-employer or state plan is defined benefit plan
  • Description of reason why sufficient information is not available to account for multi-employer or state plan as defined benefit plan
  • Description of information about surplus or deficit of multi-employer or state plan
  • Description of basis used to determine surplus or deficit of multi-employer or state plan
  • Description of implications of surplus or deficit on multi-employer or state plan for entity
  • Description of contractual agreement or stated policy for charging net defined benefit cost
  • Description of policy for determining contribution of defined benefit plans that share risks between entities under common control
  • Description of cross-reference to disclosures about plans that share risks between entities under common control in another group entity's financial statements


Disclosure of net defined benefit liability (asset)
 
Defined benefit plansnoneGeographical areasnoneCharacteristics of defined benefit plansnoneRegulatory environmentsnoneSegmentsnoneFunding arrangements of defined benefit plansnoneNet defined benefit liability (asset)none
Defined benefit plans other than multi-employer plans, state plans and plans that share risks between entities under common controlnoneMulti-employer defined benefit plansnoneState defined benefit plansnoneDefined benefit plans that share risks between entities under common controlnonePension defined benefit plansnonePost-employment medical defined benefit plansnoneReportable segmentsnoneWholly unfunded defined benefit plansnoneWholly or partly funded defined benefit plansnonePresent value of defined benefit obligationnonePlan assetsnoneEffect of asset ceilingnone
Flat salary pension defined benefit plansnoneFinal salary pension defined benefit plansnone
For the year 2019: 
Changes in net defined benefit liability (asset) 
Current service cost, net defined benefit liability (asset)               
Interest expense (income), net defined benefit liability (asset)               
Gain (loss) on remeasurement, net defined benefit liability (asset) 
Return on plan assets excluding interest income or expense, net defined benefit liability (asset)               
Actuarial gains (losses) arising from changes in demographic assumptions, net defined benefit liability (asset)               
Actuarial gains (losses) arising from changes in financial assumptions, net defined benefit liability (asset)               
Actuarial gains (losses) arising from experience adjustments, net defined benefit liability (asset)               
Gain (loss) on changes in effect of limiting net defined benefit asset to asset ceiling excluding interest income or expense, net defined benefit liability (asset)               
Gain (loss) on remeasurement, net defined benefit liability (asset){"ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset":"1","ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset":"1","ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset":"1","ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset":"1","GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling":"1"}real[]               
Past service cost and gains (losses) arising from settlements, net defined benefit liability (asset) 
Past service cost, net defined benefit liability (asset)               
Gains (losses) arising from settlements, net defined benefit liability (asset)               
Past service cost and gains (losses) arising from settlements, net defined benefit liability (asset){"PastServiceCostNetDefinedBenefitLiabilityAsset":"1","GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset":"-1"}real[]               
Increase (decrease) through changes in foreign exchange rates, net defined benefit liability (asset)               
Contributions to plan, net defined benefit liability (asset) 
Contributions to plan by employer, net defined benefit liability (asset)               
Contributions to plan by plan participants, net defined benefit liability (asset)               
Contributions to plan, net defined benefit liability (asset){"ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset":"1","ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset":"1"}real[]               
Payments from plan, net defined benefit liability (asset)               
Payments in respect of settlements, net defined benefit liability (asset)               
Increase (decrease) through business combinations and disposals, net defined benefit liability (asset)               
Increase (decrease) through other changes, net defined benefit liability (asset)               
Total increase (decrease) in net defined benefit liability (asset){"CurrentServiceCostNetDefinedBenefitLiabilityAsset":"1","InterestExpenseIncomeNetDefinedBenefitLiabilityAsset":"1","GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset":"-1","PastServiceCostAndGainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset":"1","IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset":"1","ContributionsToPlanNetDefinedBenefitLiabilityAsset":"-1","PaymentsFromPlanNetDefinedBenefitLiabilityAsset":"-1","IncreaseDecreaseThroughBusinessCombinationsAndDisposalsNetDefinedBenefitLiabilityAsset":"1","IncreaseDecreaseThroughOtherChangesNetDefinedBenefitLiabilityAsset":"1"}real["GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset","PastServiceCostAndGainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset","ContributionsToPlanNetDefinedBenefitLiabilityAsset"]               
At 31.12.2019: 
Net defined benefit liability (asset)               

Disclosure of reimbursement rights
 
Defined benefit plansnoneGeographical areasnoneCharacteristics of defined benefit plansnoneRegulatory environmentsnoneSegmentsnoneFunding arrangements of defined benefit plansnone
Defined benefit plans other than multi-employer plans, state plans and plans that share risks between entities under common controlnoneMulti-employer defined benefit plansnoneState defined benefit plansnoneDefined benefit plans that share risks between entities under common controlnonePension defined benefit plansnonePost-employment medical defined benefit plansnoneReportable segmentsnoneWholly unfunded defined benefit plansnoneWholly or partly funded defined benefit plansnone
Flat salary pension defined benefit plansnoneFinal salary pension defined benefit plansnone
For the year 2019: 
Changes in reimbursement rights 
Interest income, reimbursement rights            
Gain (loss) on remeasurement, reimbursement rights 
Return on reimbursement rights, excluding interest income or expense            
Gain (loss) on changes in effect of limiting reimbursement rights to asset ceiling excluding interest income or expense, reimbursement rights            
Total gain (loss) on remeasurement, reimbursement rights{"ReturnOnReimbursementRights":"1","GainLossOnChangesInEffectOfLimitingReimbursementRightsToAssetCeiling":"1"}real[]            
Increase (decrease) through net exchange differences, reimbursement rights, at fair value            
Decrease through benefits paid, reimbursement rights, at fair value            
Payments in respect of settlements, reimbursement rights            
Increase (decrease) through business combinations and disposals, reimbursement rights            
Total increase (decrease) in reimbursement rights, at fair value{"InterestIncomeReimbursementRights":"1","GainLossOnRemeasurementOfReimbursementRights":"1","IncreaseDecreaseThroughNetExchangeDifferencesReimbursementRightsAtFairValue":"1","DecreaseThroughBenefitsPaidReimbursementRightsAtFairValue":"-1","IncreaseDecreaseThroughBusinessCombinationsAndDisposalsReimbursementRights":"1"}real["GainLossOnRemeasurementOfReimbursementRights"]            
At 31.12.2019: 
Reimbursement rights, at fair value            

Disclosure of fair value of plan assets
 
Defined benefit plansnoneGeographical areasnoneCharacteristics of defined benefit plansnoneRegulatory environmentsnoneSegmentsnoneFunding arrangements of defined benefit plansnoneLevels of fair value hierarchynone
Defined benefit plans other than multi-employer plans, state plans and plans that share risks between entities under common controlnoneMulti-employer defined benefit plansnoneState defined benefit plansnoneDefined benefit plans that share risks between entities under common controlnonePension defined benefit plansnonePost-employment medical defined benefit plansnoneReportable segmentsnoneWholly unfunded defined benefit plansnoneWholly or partly funded defined benefit plansnoneLevel 1 of fair value hierarchynoneLevel 2 and 3 of fair value hierarchynone
Flat salary pension defined benefit plansnoneFinal salary pension defined benefit plansnone
At 31.12.2019: 
Cash and cash equivalents, amount contributed to fair value of plan assets              
Equity instruments, amount contributed to fair value of plan assets              
Debt instruments, amount contributed to fair value of plan assets              
Real estate, amount contributed to fair value of plan assets              
Derivatives, amount contributed to fair value of plan assets              
Investment funds, amount contributed to fair value of plan assets              
Asset-backed securities, amount contributed to fair value of plan assets              
Structured debt, amount contributed to fair value of plan assets              
Other assets, amount contributed to fair value of plan assets              

Disclosure of sensitivity analysis for actuarial assumptions
 
Defined benefit plansnoneGeographical areasnoneCharacteristics of defined benefit plansnoneRegulatory environmentsnoneSegmentsnoneFunding arrangements of defined benefit plansnoneActuarial assumptionsnone
Defined benefit plans other than multi-employer plans, state plans and plans that share risks between entities under common controlnoneMulti-employer defined benefit plansnoneState defined benefit plansnoneDefined benefit plans that share risks between entities under common controlnonePension defined benefit plansnonePost-employment medical defined benefit plansnoneReportable segmentsnoneWholly unfunded defined benefit plansnoneWholly or partly funded defined benefit plansnoneActuarial assumption of discount ratesnoneActuarial assumption of expected rates of salary increasesnoneActuarial assumption of medical cost trend ratesnoneActuarial assumption of expected rates of pension increasesnoneActuarial assumption of expected rates of inflationnoneActuarial assumption of mortality ratesnoneActuarial assumption of retirement agenoneActuarial assumption of life expectancy after retirementnoneOther material actuarial assumptionsnone
Flat salary pension defined benefit plansnoneFinal salary pension defined benefit plansnone
At 31.12.2019: 
Percentage of reasonably possible increase in actuarial assumptionX.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%
Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption                     
Percentage of reasonably possible decrease in actuarial assumptionX.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%X.X%
Increase (decrease) in defined benefit obligation due to reasonably possible decrease in actuarial assumption                     

Defined benefit plans & Geographical areas & Characteristics of defined benefit plans & Regulatory environments & Segments & Funding arrangements of defined benefit plans & Actuarial assumptions:
  • Description of methods and assumptions used in preparing sensitivity analysis for actuarial assumptions
  • Description of limitations of methods used in preparing sensitivity analysis for actuarial assumptions
  • Description of changes in methods and assumptions used in preparing sensitivity analysis for actuarial assumptions
  • Description of reasons for changes in methods and assumptions used in preparing sensitivity analysis for actuarial assumptions

 Year 2019
Termination benefits expense 
Disclosure of additional information about defined benefit plans
Disclosure of analysis of present value of defined benefit obligation that distinguishes nature, characteristics and risks

International Financial Reporting Tool (IFRT)

Prepare our perfect financial statements according to IFRS requirements!
Read more about the reporting tool, or launch it now. it's FREE!

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: