Investor Relations Presentation
Net periodic payments exceed Service costs and amortize pension liability by ~€100 mn (p.a.)
[Group, € mn]
Non-cash employees earning
future pension payments
Cash to pensioners
(510)
3
190
5,573
115
(348)
5,294
(162)
162
(46)
(194)
Net periodic pension cost (308)
Net periodic payment 394
3.70
Sep. 30,
2022
Service
costs¹
Admin
costs
Net
interest cost
from
Group
from
plan assets
Annual
contribution
to plan assets
4
In financial
statements
P&L: personnel costs²
P&L:
financial line
Operating Cash Flow³
German discount rate
Others
(mainly
actuarial gains)
mainly:
equity (OCI)
1. Incl. past service cost and curtailments I 2. Additional personnel expenses include €28 mn net periodic pension cost for defined contribution plans
3. Incl. in position "changes in accrued pensions and similar obligations" (Cash Flow Statement); further details please see Annual Report Note Pensions; smaller deviations due to indirect cash flow reconciliation method
4. incl. employee contributions to flexplan (€7mn)
85 thyssenkrupp AG I Investor Relations | December 2023
4.20
Sep. 30,
2023View entire presentation