Notes to the consolidated financial statements
113
23 Pensions and other post-employment benefits (continued)
Ahold at a glance
Business review
Governance
Financials
Ahold
Annual Report 2015
The following table summarizes how the effect on the defined benefit obligations at the end of the reporting period would have increased (decreased) as a
result of a 0.5% change in the respective assumptions.
millior
The Netherlands
United States
Total
Discount rate
0.5% increase
(450)
(81)
(531)
0.5% decrease
532
90
622
Future salary increases
0.5% increase
58
8
66
0.5% decrease
(55)
(8)
(63)
Future pension increases
0.5% increase
495
N/A
495
0.5% decrease
(424)
N/A
(424)
Life expectancy
1 year increase at age 65
135
41
176
The above sensitivity analyses have been based on a change in the assumption while holding all other assumptions constant. In reality one might expect interrelationships between the assumptions, especially between discount
rate and future salary increases as both depend to a certain extent on expected inflation rates. The methods and types of assumptions used in preparing the sensitivity analyses did not change compared to the previous period.
