Development of plan assets

(XLS:) Download

 

Pension plans

in CHF thousands

2015

2014

As at 1 January

422'608

404'230

Plan participation contributions

6'580

7'583

Company contributions

12'777

14'424

Assets extinguished on business divestiture

–49'694

0

Interest income on plan assets

4'683

8'710

Administration expense

–677

–728

Benefits paid through pension assets

–15'929

–21'017

Return on plan assets (excl. amounts in interest income)

–3'510

10'005

Asset gain / (loss)

0

–599

As at 31 December

376'838

422'608

The pension fund assets per 31 December 2015 include shares of the LLB with a market value of CHF thousands 16 (31 December 2014: CHF thousands 16). The expected Group contributions for the 2016 financial year amount to CHF thousands 12’299 for the pension plans and CHF thousands 486 for the other long-term benefits.