Present value of all defined obligations on January 1

1,260.2

617.5

1,877.7

1,051.5

534.4

1,585.9

Currency translation differences

2.8

71.2

74.0

2.6

11.4

14.0

Current service cost

35.4

34.1

69.5

27.3

30.8

58.1

Interest cost on pension obligations

66.3

33.3

99.6

64.6

28.5

93.1

Other effects recognized in income

0.1

0.1

0.2

0.7

–11.5

–10.8

Actuarial gains/losses

160.5

37.2

197.7

172.2

44.2

216.4

Pension payments in the reporting period

–56.6

–37.9

–94.5

–57.1

–29.7

–86.8

Transfers/Changes in scope of consolidation/Other changes

–1.0

132.6

131.6

–1.6

9.4

7.8

Present value of all defined obligations on December 31

1,467.7

888.1

2,355.8

1,260.2

617.5

1,877.7