9. Pension Provisions

The calculation of pension provisions as of 30 June 2016 was based on an interest rate of 1.00 % (31 December 2015: 2.25 %; 30 June 2015: 2.00 %). Actuarial gains/losses changed as follows. These are recognised in equity without effect on profit and loss.

Development of Actuarial Gains/Losses

in € thousand

 

2016

 

2015

Cumulative actuarial gains (+)/losses (-) as of 01 January

 

- 40,637

 

- 65,731

Change during the financial year due to a change in interest rate

 

- 73,471

 

13,737

Cumulative actuarial gains (+)/losses (-) as of 30 June

 

- 114,108

 

- 51,994