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Pensions


The funded status of the pension plans at the end of Q2 2011 was estimated to be a deficit of €0.4 billion (year-end 2010: €1.0 billion; Q1 2011: €0.7 billion).

The movement compared to year-end 2010 is due to:

  • Top-up payments of €341 million into certain defined benefit pension plans
  • Higher discount rates decreasing the pension obligation
  • Higher asset returns.
Copyright © 2011 Akzo Nobel N.V.