9. Pension Provisions
The calculation of pension provisions as of 30 June 2017 was based on an interest rate of 1.60 % (31 December 2016: 1.40 %; 30 June 2016: 1.00 %). The calculation of provisions for working lifetime accounts as of 30 June 2017 was based on an interest rate of 1.90 % (31 December 2016: 1.70 %; 30 June 2016: 1.00 %). Actuarial gains/losses changed as follows. These are recognised in equity without effect on profit and loss.
in € thousand |
2017 |
2016 |
||
Cumulative actuarial gains (+)/losses (-) as of 1 January |
- 85,844 |
- 40,637 |
||
Change during the financial year due to a change in interest rate |
14,200 |
- 73,471 |
||
Cumulative actuarial gains (+)/losses (-) as of 30 June |
- 71,644 |
- 114,108 |