Half Year Report 2012

Adecco Group –
Notes to consolidated financial statements (unaudited)
in millions, except share and per share information

Note 5 – Employee benefit plans

For the six months ended June 30, 2012 and June 30, 2011, estimated net pension expense for the defined benefit plans is as follows:

 

Swiss plan

Non-Swiss plans

in EUR

2012

2011

2012

2011

 

 

 

 

 

Components of pension expense

 

 

 

 

Service cost

6

5

2

2

Interest cost

2

2

3

2

Expected return on plan assets

(3)

(3)

(2)

(2)

Amortisation of prior years’ service costs

 

 

1

 

Amortisation of net (gain)/loss

1

 

 

 

Pension expense, net

6

4

4

2