Profit and loss effect of pension scheme changes
(Thomson Reuters ONE) -
(Oslo, 7 March 2012) EDB ErgoGroup ASA has decided to wind up an earlier pension
scheme operated by the former company IS Partner, and the scheme is now co-
ordinated with the current AFP early retirement scheme. This will result in a
reduction in annual pension costs of NOK 7.5 million. In addition, capitalised
pension liabilities, including un-amortised actuarial gains related to the
scheme, will be recognised to profit and loss, and this will have a non-
recurring positive effect in the order of NOK 50 million in the first quarter of
2012
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
Contact names:
Eli Giske, CFO, EDB ErgoGroup. Tel: +47 908 44 189
Geir Remman, SVP Corporate Communications, EDB ErgoGroup. Tel: + 47 970 55 017
About EDB ErgoGroup
EDB ErgoGroup ASA is one of the leading Nordic IT services companies, with some
10,000 employees and annual turnover in order of NOK 12 billion. The company is
listed on the Oslo Stock Exchange and operates from headquarters in Oslo with
major activities in both the Norwegian and Swedish markets. In all, the company
operates from 100 offices in the Nordic countries.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: EDB ErgoGroup ASA via Thomson Reuters ONE
[HUG#1592126]
Unternehmensinformation / Kurzprofil:
Datum: 07.03.2012 - 16:15 Uhr
Sprache: Deutsch
News-ID 122841
Anzahl Zeichen: 1902
contact information:
Town:
Oslo
Kategorie:
Business News
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"Profit and loss effect of pension scheme changes"
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EDB ErgoGroup ASA (Nachricht senden)
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