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PBR » Topics » 18.5 The balance of the provisions for expenses with post-employment benefits, calculated by independent actuaries, present the following changes:

This excerpt taken from the PBR 6-K filed Nov 12, 2008.

18.5 The balance of the provisions for expenses with post-employment benefits, calculated by independent actuaries, present the following changes:

    R$ thousand 
   
    Consolidated    Parent company 
     
    Defined            Defined         
    benefit    Variable         benefit    Variable     
    pension    contribution    Supplem.    pension    contribution    Supplem. 
     plan    pension plan    healthcare     plan    pension plan    healthcare 
             
Balance at January 1, 2008    4.927.134    17.270    9.727.919    4.509.080    15.683    8.983.942 
(+) Costs incurred in the period    645.921    102.637    1.150.658       549.427    100.301    1.075.641 
(-) Payment of contributions    (336.653)   (208.841)   (323.605)    (307.662)   (201.064)   (306.005)
Other    11.181                     
             
Balance for the third Quarter 2008    5.247.583    (88.934)   10.554.972    4.750.845    (85.080)   9.753.578 
             
 
Current liabilities    473.509    16.504    455.736       444.576    15.683    429.666 
Non-current liabilities    4.774.074    (105.438)   10.099.236    4.306.269    (100.763)   9.323.912 
Net actuarial liabilities    5.247.583    (88.934)   10.554.972    4.750.845    (85.080)   9.753.578 
 
    R$ thousand 
   
    Consolidated    Parent company 
     
    Defined             Defined         
     benefit    Variable         benefit    Variable     
    pension    contribution    Supplem.    pension    contribution    Supplem. 
    plan    pension plan    healthcare    plan    pension plan    healthcare 
             
Present value of liabilities in excess of                         
the fair value of the assets    8.536.440    74.200    12.963.254     7.811.301    73.827    12.095.515 
Unrecognized actuarial losses    (3.102.737)   (27.067)   (2.367.419)   (2.908.380)   (31.401)   (2.304.712)
Unrecognized past service costs    (186.120)   (136.067)   (40.863)    (152.076)   (127.506)   (37.225)
             
Net actuarial liabilities    5.247.583    (88.934)   10.554.972     4.750.845    (85.080)   9.753.578 
             
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