Universal Registration Document 2022

Groupe Profile

/ Change in the fair value of plan assets 

  December 31, 2022 December 31, 2021
(in millions of euros)

Pensions plans

Medical cover

Total

Pensions plans

Medical cover

Total

Fair value of plan assets at start of year 529 - 529 496 - 496
Actuarial return on plan assets (120) - (120) 26 - 26
Employer contributions 30 2 32 24 2 26
Administrative fees (2) - (2) (2) - (2)
Acquisitions, disposals - - - (1) - (1)
Benefits paid (49) (2) (51) (49) (2) (51)
Translation adjustments (1) - (1) 35 - 35
Fair value of plan assets at year-end 387 - 387 529 - 529
Surplus (deficit) (179) (16) (195) (198) (21) (219)
Effect of ceiling on value of assets (54) - (54) (68) - (68)
Net provision for defined benefit pension liabilities and post-employment medical care (233) (16) (249) (267) (21) (288)
Provision for other long-term benefits (15) - (15) (17) - (17)
Total provisions for retirement benefit obligations, other post-employment and long-term benefits (248) (16) (264) (284) (21) (305)

/ Pension expenses and other post-employment benefits 

  December 31, 2022 December 31, 2021
(in millions of euros)

Pensions plans

Medical cover

Total

Pensions plans

Medical cover

Total

Cost of services rendered during the year (28) - (28) (38) - (38)
Financial expenses (5) (1) (6) (5) - (5)
Defined benefit plan expense (33) (1) (34) (43) - (43)
Cost of other plans (including defined contribution plans) and other benefits (193) - (193) (149) - (149)
Administrative fees excluding plan management fees (2) - (2) (2) - (2)
Total retirement costs recognized in the income statement (228) (1) (228) (194) - (194)