Pension benefits

The service cost attributable to 2013 include costs for BASF Pensionskasse VVaG as well as for the Performance Pension and are as follows: Dr. Kurt Bock €943 thousand (2012: €818 thousand); Dr. Martin Brudermüller €679 thousand (2012: €570 thousand); Dr. Hans-Ulrich Engel €545 thousand (2012: €462 thousand); Michael Heinz €520 thousand (2012: €418 thousand); Dr. Andreas Kreimeyer €534 thousand (2012: €476 thousand); Dr. Harald Schwager €523 thousand (2012: €441 thousand); Wayne T. Smith €546 thousand (2012: €318 thousand); and Margret Suckale €442 thousand (2012: €408 thousand).

The present value of pension benefits (defined benefit obligation) is an accounting figure for the entitlements that the Board members have accumulated in their years of service at BASF. The defined benefit obligations up to and including 2013 are as follows: Dr. Kurt Bock €13,154 thousand (2012: €13,083 thousand); Dr. Martin Brudermüller €9,070 thousand (2012: €8,991 thousand); Dr. Hans-Ulrich Engel €7,165 thousand (2012: €7,018 thousand); Michael Heinz €5,313 thousand (2012: €5,246 thousand); Dr. Andreas Kreimeyer €11,275 thousand (2012: €11,081 thousand); Dr. Harald Schwager €6,707 thousand (2012: €6,596 thousand); Wayne T. Smith €935 thousand (2012: €488 thousand); and Margret Suckale €2,148 thousand (2012: €1,817 thousand).