233 / 386
20.2 Notes to the consolidated financial statements for the year ended December 31, 2016
FINANCIAL INFORMATION CONCERNING ASSETS,
FINANCIAL POSITION AND FINANCIAL PERFORMANCE
20
SENSITIVITY OF THE ACTUARIAL VALUE TO CHANGES IN DISCOUNT RATE
An across-the-board decrease in the discount rate of 0.5% would increase the defined benefit obligation by 4.9%.
Operations held for sale
p
For NewCo
December 31, 2016
Medical expenses
and accident/
disability insurance
Retirement
benefits
Job-related
awards
Early retirement
benefits
Supplemental
retirement
benefits
Total
Defined benefit obligation
349
340
8
858
50
1,605
Fair value of plan assets
0
2
97
47
146
TOTAL DEFINED BENEFIT OBLIGATION
349
338
8
761
3
1,459
p
For New NP
December 31, 2016
Medical expenses
and accident/
disability insurance
Retirement
benefits
Job-related
awards
arly retirement
benefits
Supplemental
retirement
benefits
Total
Defined benefit obligation
12
105
17
7
905
1,046
Fair value of plan assets
0
7
4
0
630
641
TOTAL DEFINED BENEFIT OBLIGATION
12
97
13
7
275
404
CHANGE IN THE DEFINED BENEFIT OBLIGATION
Continuing operations
December 31, 2016
(in millions of euros)
Medical
expenses and
accident/
disability
insurance
Retirement
benefits
Job-related
awards
Early retirement
benefits
Supplemental
retirement
benefits
Total
Defined benefit obligation
at December 31, 2015
315
351
8
896
54
1,626
Current service cost
7
14
0
16
0
37
Past service costs (including plan changes
and reductions)
(8)
(12)
(0)
(6)
(0)
(26)
Plan transfer
0
0
0
0
0
0
Disposals / Liquidation / Plan reductions
0
0
0
0
0
0
Cost escalation
7
7
0
19
1
33
Mergers, acquisitions, transfers
0
(5)
(0)
0
0
(5)
Change in consolidation scope
0
0
0
0
0
0
Employee contributions
0
0
0
0
0
0
Benefits paid during the year
(7)
(26)
(0)
(100)
(3)
(136)
Actuarial gains and losses
36
11
0
33
1
81
Currency translation adjustments
0
0
0
0
0
0
Defined benefit obligation of operations
held for sale
(349)
(340)
(8)
(858)
(50)
(1,605)
DEFINED BENEFIT OBLIGATION
AT DECEMBER 31, 2016
0
0
0
0
4
4
2016 AREVA
REFERENCE DOCUMENT
233