The amounts recognised in the balance sheet are determined as follows:
| As of December 31, | ||||||||
| (€‘000) | 2017 | 2016 | ||||||
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Present value of funded obligations |
1,705 | 1,509 | ||||||
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Fair value of plan assets |
(1,500 | ) | (1,305 | ) | ||||
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Deficit of funded plans |
204 | 204 | ||||||
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Total deficit of defined benefit pension plans |
204 | 204 | ||||||
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Liability in the balance sheet |
204 | 204 | ||||||
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