Page 83 - Annual Report KELAG Group 2018

DEVELOPMENT OF PLAN ASSETS
Plan assets at fair value as of 01/01 44.9 47.0
Return on plan assets 0.8 0.8
Contributions to plan assets 1.0 0.0
Plan payments -3.9 -3.8
Remeasurement of net liability from defined benefit plans -1.3 0.9
(remeasurements)
PLAN ASSETS AT FAIR VALUE AS OF 31/12 41.5 44.9

An estimated EUR 5.0m will be contributed to plan assets in the coming reporting period.

No No
Active active Active active
market market Total market market Total
Bonds – euroeuro 35.9 0.0 35.9 35.0 0.0 35.0
Bonds – euro emerging 10.3 0.0 10.3 10.2 0.0 10.2
markets
Corporate bonds – euro 15.3 0.0 15.3 15.0 0.0 15.0
Shares – euro 18.8 0.0 18.8 20.0 0.0 20.0
Shares – non-euro 10.2 0.0 10.2 10.2 0.0 10.2
Real estate 0.0 1.4 1.4 0.0 0.9 0.9
Alternative investment 0.0 1.0 1.0 0.0 0.8 0.8
instruments
Time deposits/cash 7.0 0.0 7.0 7.9 0.0 7.9
TOTAL 97.6 2.4 100.0 98.3 1.7 100.0

There are market price listings in active markets for all equity securities and government bonds.

KELAG has outsourced the investment policy and investment management as well as
responsibility for the investments to Valida Pension AG. The objective of the investment policy is