/ Change in the fair value of plan assets
unspecified |
December 31, 2023 |
December 31, 2022 |
(in millions of euros) |
Pension plans |
Medical cover |
Total |
Pension plans |
Medical cover |
Total |
Fair value of plan assets at start of year |
387 |
- |
387 |
529 |
- |
529 |
Actuarial return on plan assets |
30 |
- |
30 |
(120) |
- |
(120) |
Employer contributions |
23 |
2 |
25 |
30 |
2 |
32 |
Administrative fees |
(3) |
- |
(3) |
(2) |
- |
(2) |
Acquisitions, disposals |
- |
- |
- |
- |
- |
- |
Benefits paid |
(33) |
(2) |
(35) |
(49) |
(2) |
(51) |
Translation adjustments |
2 |
- |
2 |
(1) |
- |
(1) |
Fair value of plan assets at year‑end |
406 |
- |
406 |
387 |
- |
387 |
Financial coverage |
(215) |
(14) |
(229) |
(179) |
(16) |
(195) |
Effect of ceiling on value of assets |
(11) |
- |
(11) |
(54) |
- |
(54) |
Net provision for defined benefit pension liabilities and post‑employment medical care |
(226) |
(14) |
(240) |
(233) |
(16) |
(249) |
Provision for other long‑term benefits |
(11) |
- |
(11) |
(15) |
- |
(15) |
Total provisions for retirement benefit obligations, other post‑employment and long‑term benefits |
(237) |
(14) |
(251) |
(248) |
(16) |
(264) |
/ Pension commitment expenses and other post‑employment benefits
unspecified |
December 31, 2023 |
December 31, 2022 |
(in millions of euros) |
Pension plans |
Medical cover |
Total |
Pension plans |
Medical cover |
Total |
Cost of services rendered during the year |
(21) |
- |
(21) |
(28) |
- |
(28) |
Financial expenses |
(9) |
(1) |
(10) |
(5) |
(1) |
(6) |
Defined benefit plan expense |
(30) |
(1) |
(31) |
(33) |
(1) |
(34) |
Cost of other plans (including defined contribution plans) and other benefits |
(203) |
- |
(203) |
(193) |
- |
(193) |
Administrative fees excluding plan management fees |
(5) |
unspecified |
(5) |
(2) |
- |
(2) |
Total retirement costs recognized in the income statement |
(238) |
(1) |
(239) |
(228) |
(1) |
(228) |