Note 24
Dutch defined benefit plans
2005 1 2004
Dutch pensions
2005 I 2004
Defined benefit obligation
Beginning of the year
Current service cost
Interest cost
Contributions by plan participants
Losses (gains) on curtailments and settlements
Actuarial losses (gains)
Past service cost
Benefits paid
2,317 1,887
115 86
109 102
18 19
(33) (6)
62 302
15 -
(82) (73)
End of the year
2,521 2,317
Plan Assets
Fair value of assets, beginning of the year
Expected return on plan assets
Actuarial gains (losses)
Company contribution
Contributions by plan participants
Benefits paid
1,842 1,563
109 99
217 102
118 132
18 19
(82) (73)
Fair value of assets, end of the year
2,222 1,842
Surplus/(deficit)
Unrecognized actuarial loss
(299) (475)
41 211
Net assets/(liabilities)
(258) (264)
The net periodic benefit cost:
Dutch pensions
Current service cost
Interest on obligation
Expected return on plan assets
Recognized actuarial (gains) losses
Past service cost
(Gains) losses on curtailments and settlements
115 95
109 102
(109) (99)
1
14 -
(29) (6)
1 Net periodic benefit cost
101 92
Actual return on plan assets
18% 13%
The curtailment gains recorded in 2005 were primarily the result of the curtailments of the Ahold Pension Fund and Stichting
Arbeidsvoorwaardelijke Regelingen Ahold group plans due to the divestment of Deli XL in September 2005.
AHOLD ANNUAL REPORT 2005 147
