M O VEMENT S IN PRO VISIONS F OR PENSIONS AND SIMIL AR C O MMIT MENT S NE T 2012 2011 2010 M SEK Obligations Plan assets Net Obligations Plan assets Net Obligations Plan assets Net Openin g balance 3 5261 2 0726 1 4535 2 6384 1 4872 1 1512 2 5675 1 4174 1 1501 Current ser vice cos ts 1013 1013 857 857 574 574 Interes t cos ts 1211 1211 1408 1408 1274 1274 Expected return on assets 1088 1088 1254 1254 939 939 R ecogniz ed actuarial gain loss 1 13 13 04 04 47 47 R ecogniz ed pas t ser vice cos ts 64 64 03 03 03 03 Set tlements curt ailments terminations 2775 2143 632 13 13 01 01 T ot al pension cos t recogniz ed in the s t atement of income 474 1055 581 2253 1254 999 1891 939 952 Actuarial gains and losses obligations 2 3 3579 3579 2875 2875 1815 1815 Actuarial gains and losses plan assets 2 1083 1083 1408 1408 484 484 Efects of minimum fundin g requirement 4 336 336 336 336 T ot al actuarial gains and losses and efects of minimum fundin g require ment before t ax recogniz ed in other comprehensiv e income 2 3579 1083 2496 2875 1072 3947 1815 148 1667 Emplo y er contributions 5 2544 2544 2029 2029 1903 1903 Emplo y ee contributions 334 334 285 285 21 21 Benefts paid to participants 2005 2005 1868 1868 1591 1591 Acquisitions div es titures reclassifcations 86 116 202 5243 5161 82 15 15 T r anslation diference 1244 680 564 89 65 24 1442 722 720 Closin g balance 3 5537 2 0831 1 4706 3 5261 2 0726 1 4535 2 6384 1 4872 1 1512 1 R elates to other lon g term emplo y ee benefts 2 R elates to pos t emplo yment benefts 3 Actuarial losses for 2012 relate to chan g es in assumptions losses of M SEK 4161 losses of 2811 and gains of 35 and chan g es in plan e xperience gains of M SEK 582 losses of 64 and losses of 1850 4 R elated to Canada 5 Emplo y er contributions e xpected to be paid in 2013 are es timated to be lo w er than the emplo y er contributions paid in 2012 and 2011 and appro ximately on the same le v el as the contributions paid in 2010 fu NDED S T A T u S AND E XPERIENCE AD J u S T m ENT S M SEK 2012 2011 2010 2009 2008 f air v alue of plan assets 2 0831 2 0726 1 4872 1 4174 1 2871 Defned beneft obligations funded plans 2 8087 2 8693 1 9765 1 9076 1 8971 Defned beneft obligations unfunded plans 7450 6568 6619 6599 6317 F unded s t atus net 1 4706 1 4535 1 1512 1 1501 1 2417 Experience adjus tments on plan assets 1 1083 1408 484 720 4408 Experience adjus tments on defned beneft obligations 1 582 64 1850 279 1483 1 Gains and losses The t able abo v e presents the funded s t atus for funded defned beneft plans as w ell as the obligations for unfunded defned beneft plans which tog ether form the funded s t atus net It also presents the his tor y of actuarial gains and losses due to e xperience on plan assets and defned beneft obligations ALL OCA TION O f PL AN AS SE T S M SEK 2012 2011 2010 Equit y in v es tments 8124 39 8705 42 6990 47 Interes t bearin g assets 8541 41 7876 38 5800 39 Other assets 4166 20 4145 20 2082 14 T ot al allocation of plan assets 2 0831 100 2 0726 100 1 4872 100 The t able abo v e presents a break do wn of the v arious t ypes of in v es tments in which the assets of the Group s funded beneft arr an g ements are in v es ted The plan assets do not include an y propert y o wned b y Securit as or fnancial ins truments issued b y Securit as F urther information on the principles for determinin g the return on assets can be found in note 2 114 Annual R eport Notes and comments to the consolidated fnancial s t atements Securit as Annual R eport 2012