December 31, 2020 | December 31, 2019 | |||||
---|---|---|---|---|---|---|
(in millions of euros) | Pension plans | Medical cover | Total | Pension plans | Medical cover | Total |
Fair value of plan assets at start of year | Fair value of plan assets at start of year December 31, 2020 529 | Fair value of plan assets at start of year December 31, 2019 - | 529 | 474 | - | 474 |
Actuarial return on plan assets | Actuarial return on plan assets December 31, 2020 30 | Actuarial return on plan assets December 31, 2019 - | 30 | 70 | - | 70 |
Employer contributions | Employer contributions December 31, 2020 34 | Employer contributions December 31, 2019 1 | 35 | 29 | 2 | 31 |
Administrative fees | Administrative fees December 31, 2020 (2) | Administrative fees December 31, 2019 - | (2) | (2) | 1 | (1) |
Acquisitions, disposals | Acquisitions, disposals December 31, 2020 (3) | Acquisitions, disposals December 31, 2019 - | (3) | - | - | - |
Benefits paid | Benefits paid December 31, 2020 (59) | Benefits paid December 31, 2019 (1) | (60) | (62) | (2) | (64) |
Translation adjustments | Translation adjustments December 31, 2020 (33) | Translation adjustments December 31, 2019 - | (33) | 19 | - | 19 |
Fair value of plan assets at year-end | Fair value of plan assets at year-end December 31, 2020 496 | Fair value of plan assets at year-end December 31, 2019 - | 496 | 528 | 1 | 529 |
Surplus (deficit) | Surplus (deficit) December 31, 2020 (227) | Surplus (deficit) December 31, 2019 (22) | (249) | (223) | (23) | (246) |
Effect of ceiling on value of assets | Effect of ceiling on value of assets December 31, 2020 (58) | Effect of ceiling on value of assets December 31, 2019 - | (58) | (56) | - | (56) |
Net provision for defined benefit pension liabilities and post-employment medical care | Net provision for defined benefit pension liabilities and post-employment medical care December 31, 2020 (285) | Net provision for defined benefit pension liabilities and post-employment medical care December 31, 2019 (22) | (307) | (279) | (23) | (302) |
Provision for other long-term benefits | Provision for other long-term benefits December 31, 2020 (11) | Provision for other long-term benefits December 31, 2019 - | (11) | (11) | - | (11) |
Total provisions for retirement benefit obligations, other post-employment and long-term benefits | Total provisions for retirement benefit obligations, other post-employment and long-term benefits December 31, 2020 (296) | Total provisions for retirement benefit obligations, other post-employment and long-term benefits December 31, 2019 (22) | (318) | (290) | (23) | (313) |
December 31, 2020 | December 31, 2019 | |||||
---|---|---|---|---|---|---|
(in millions of euros) | Pension plans | Medical cover | Total | Pension plans | Medical cover | Total |
Cost of services rendered during the year | Cost of services rendered during the year December 31, 2020 (27) | Cost of services rendered during the year December 31, 2019 - | (27) | (25) | - | (25) |
Financial expenses | Financial expenses December 31, 2020 (6) | Financial expenses December 31, 2019 (1) | (7) | (7) | (1) | (8) |
Defined benefit plan expense | Defined benefit plan expense December 31, 2020 (33) | Defined benefit plan expense December 31, 2019 (1) | (34) | (32) | (1) | (33) |
Cost of other plans (including defined contribution plans) and other benefits | Cost of other plans (including defined contribution plans) and other benefits December 31, 2020 (120) | Cost of other plans (including defined contribution plans) and other benefits December 31, 2019 - | (120) | (119) | - | (119) |
Administrative fees excluding plan management fees | Administrative fees excluding plan management fees December 31, 2020 (2) | Administrative fees excluding plan management fees December 31, 2019 - | (2) | (1) | - | (1) |
Total retirement costs recognized in the income statement | Total retirement costs recognized in the income statement December 31, 2020 (155) | Total retirement costs recognized in the income statement December 31, 2019 (1) | (156) | (152) | (1) | (153) |