Due to the adopted accounting policy and the fact that the PZU Group entities did not separate defined benefit assets, the carrying amount of defined benefit provisions is equal to the current value of the corresponding liabilities.
The actuarial assumptions used for the purpose of estimating provisions for employee benefits have been presented in Note 6.2.6.
Provisions for employee benefits | 31 December 2015 | 31 December 2014 |
Provision for employee leaves | 66,654 | 71,923 |
Defined benefit plans | 47,442 | 44,384 |
- provisions for retirement severence pay | 23,287 | 20,923 |
- provisions for death benefits | 24,155 | 23,461 |
Other long-term employee benefits | 3,302 | 3,763 |
Total provisions for employee benefits | 117,398 | 120,070 |
Net income and expenses related to provisions for employee benefits | 1 stycznia - 31 grudnia 2015 | 1 stycznia - 31 grudnia 2014 |
Net revenue (expenses) recognized in profit or loss | (4,568) | (1,505) |
Defined benefit plans | (4,381) | (1,492) |
- provisions for retirement severance pay | (1,889) | (1,896) |
- provisions for death benefits | (2,492) | 404 |
Other long-term employee benefits | (187) | (13) |
Net revenue (expenses) recognized in other comprehensive income | 2,128 | (8,438) |
Defined benefit plans | 2,095 | (7,933) |
- provisions for retirement severance pay | 931 | (3,306) |
- provisions for death benefits | 1,164 | (4,627) |
Other long-term employee benefits | 33 | (505) |
Total net income and expenses related to provisions for employee benefits | (2,440) | (9,943) |
Section consists: