Beruflich Dokumente
Kultur Dokumente
xx
xx
xx
xx
xx
xx
xx
(xx)
XX
xx
xx
xx
xx
xx
xx
xx
xx
Note:
Interest income
Remeasurement gain on plan assets
Actual return on plan assets
Retirement Expense
Current service cost
Interest cost (6,500,000 @ 7%)
Interest income (6,000,000 @ 7%)
Loss on settlement of plan
Remeasurement (gains)/losses
Actuarial gain due to derease in PBO
Remeasurement gain on plan assets
Net Remeasurement gain
Accrued Benefit Cost
Beginning balance
Retirement expense
Remeasurement gains
Contributions
6,000,000
6,500,000
(500,000)
6,500,000
1,550,000
455,000
(990,000)
(550,000)
(350,000)
6,615,000
6,000,000
1,140,000
420,000
355,000
(600,000)
(990,000)
6,325,000
880,000
(105,000)
775,000
420,000
355,000
775,000
1,550,000
455,000
(420,000)
50,000
1,635,000
(350,000)
(355,000)
(705,000)
500,000
1,635,000
(705,000)
(1,140,000)
290,000
6,325,000
6,615,000
(290,000)
1,635,000
(705,000)
6,325,000
6,615,000
(290,000)
6,000,000
5,000,000
1,000,000
700,000
300,000
DefinedBenefit Obligation
Beginning balance
Current service cost
Interest cost (5,000,000 @ 10%)
Past sevice cost
Actuarial gain due to derease in PBO
December 31, 2014
5,000,000
700,000
500,000
200,000
(500,000)
5,900,000
6,000,000
1,000,000
600,000
300,000
7,900,000
Note:
Interest income
Remeasurement gain on plan assets
Actual return on plan assets
600,000
300,000
900,000
Retirement Expense
Current service cost
Past sevice cost
Interest cost (5,000,000 @ 10%)
Interest income (6,000,000 @ 10%)
Interest cost on effect of asset ceiling
(300,000 @10%)
Remeasurement (gains)/losses
Actuarial gain due to derease in PBO
Remeasurement gain on plan assets
Effect of asset ceiling
Net Remeasurement gain
Effect of asset ceiling
Ending balance
Beginning balance
Increase in asset ceiling
Less: Interest cost on effect of asset ceiling
700,000
200,000
500,000
(600,000)
30,000
830,000
(500,000)
(300,000)
470,000
(330,000)
800,000
300,000
500,000
(30,000)
470,000
Recon
Ending Prepaid Benefit Cost
Fair Value of Plan Assets
Defined Benefit Obligation
Prepaid Benefit Cost
Asset Ceiling
Effect of asset ceiling
Entry
Retirement expense
Remeasurement gains
Prepaid benefit cost
Prepaid benefit cost
Cash
(700,000)
830,000
(330,000)
(1,000,000)
(1,200,000)
7,900,000
5,900,000
2,000,000
1,200,000
800,000
830,000
1,000,000
Remeasurement (gains)/losses
Actuarial loss due to increase in PBO
Remeasurement gain on plan assets
Net Remeasurement loss
Accrued Benefit Cost
Beginning balance
Transition to PAS 19R
Retirement expense
Remeasurement losses
Contributions
Recon
Ending Accrued Benefit Cost
Fair Value of Plan Assets
330,000
500,000
###
5,250,000
7,850,000
(2,600,000)
1,750,000
(1,050,000)
(1,900,000)
7,850,000
1,300,000
549,500
(880,000)
750,000
9,569,500
5,250,000
1,500,000
367,500
127,500
(880,000)
6,365,000
367,500
127,500
495,000
1,300,000
549,500
(367,500)
1,482,000
750,000
(127,500)
622,500
1,900,000
700,000
1,482,000
622,500
(1,500,000)
3,204,500
6,365,000
9,569,500
(3,204,500)
700,000
700,000
1,482,000
622,500
2,104,500
1,500,000
1,500,000
7,500,000
6,000,000
1,500,000
1,200,000
300,000
2013
1,250,000
219,000
540,000
2014
1,343,750
(62,500)
1,100,000
Assets
Cash and cash equivalents
Equity securities
Liabilities
Accounts payable
Net Worth
2014
2013
2,000,000
7,150,000
9,150,000
1,250,000
7,500,000
8,750,000
15,000
25,000
9,135,000
9,150,000
8,725,000
8,750,000
2014
127,500
827,500
955,000
2013
109,750
554,250
664,000
87,500
75,000
867,500
589,000
Net interest
Dividends
Expense
Net Revenue
Beginning balance
Net revenue
Additional contributions
Retirement payments
2014
8,725,000
867,500
1,060,000
(1,517,500)
9,135,000
-
2013
7,500,000
589,000
2,020,000
(1,384,000)
8,725,000
-
2014
2013
8,725,000
6,625,000
2,100,000
1,500,000
600,000
7,500,000
6,000,000
1,500,000
1,200,000
300,000
6,625,000
1,343,750
596,250
1,100,000
(62,500)
(400,000)
(1,517,500)
7,685,000
6,000,000
1,250,000
540,000
8,725,000
1,060,000
785,250
82,250
(350,000)
(1,517,500)
8,785,000
(1,384,000)
8,725,000
Note:
Actual return on plan assets
Interest income
Remeasurement gain on plan assets
867,500
(785,250)
82,250
589,000
(675,000)
(86,000)
1,343,750
1,100,000
(50,000)
596,250
(785,250)
54,000
2,258,750
1,250,000
(62,500)
(82,250)
(554,000)
(698,750)
219,000
86,000
273,000
578,000
1,000,000
1,500,000
(500,000)
(54,000)
(554,000)
1,500,000
1,200,000
300,000
(27,000)
273,000
(1,500,000)
2,258,750
(1,200,000)
1,142,000
Retirement Expense
Current service cost
Past sevice cost
Gain on settlement
Interest cost
Interest income
Interest cost on effect of asset ceiling
Remeasurement (gains)/losses
Actuarial gain due to derease in PBO
Remeasurement gain on plan assets
Effect of asset ceiling
Net Remeasurement gain
Effect of asset ceiling
Ending balance
Beginning balance
Increase in asset ceiling
Less: Interest cost on effect of asset ceiling
219,000
(1,384,000)
6,625,000
7,500,000
2,020,000
675,000
(86,000)
540,000
(675,000)
27,000
1,142,000
Remeasurement gains
Contributions
Recon
Ending Prepaid Benefit Cost
Fair Value of Plan Assets
Defined Benefit Obligation
Prepaid Benefit Cost
Asset Ceiling
Effect of asset ceiling
(698,750)
(1,060,000)
(1,000,000)
-
578,000
(2,020,000)
(1,500,000)
-
8,785,000
7,685,000
1,100,000
1,000,000
100,000
8,725,000
6,625,000
2,100,000
1,500,000
600,000
Description
Country of origin
Equipment 1
Equipment 2
Equipment 3
Equipment 4
USA
Japan
France
India
Price
250,000
2,000,000
360,000
1,250,000
January 1
Fair value of plan assets
Projected benefit obligation
Accrued benefit cost
P44/dollar
P0.78/yen
P47/euro
P0.76/rupee
December 31
3,250,000
3,760,000
(510,000)
375,000
550,000
225,500
7%
3,675,000
4,126,500
(451,500)
0.09
(600,000)
ue of option
7,500,000
6,000,000
1,500,000
1,200,000
300,000
Currency
Conversion rate
dollars
yen
euro
rupee
P42/dollar
P0.42/yen
P51/euro
P0.75/rupee
The following data are available to Snow Whitey Company on January 1, 2014:
Fair Value of Plan Assets
6,000,000
6,500,000
(500,000)
1,500,000
300,000
400,000
1,000,000
900,000
350,000
7%
5%
DefinedBenefit Obligation
Beginning balance
Current service cost
Past service cost
Interest cost (6,500,000 @ 7%)
Benefits paid
Actuarial gain due to derease in PBO
6,500,000
1,500,000
300,000
455,000
(900,000)
(350,000)
7,505,000
6,000,000
1,000,000
420,000
(20,000)
(900,000)
6,500,000
Note:
Interest income
Remeasurement gain on plan assets
420,000
(20,000)
400,000
(1,005,000)
Retirement Expense
Current service cost
Past service cost
Interest cost (6,500,000 @ 7%)
Interest income (6,000,000 @ 7%)
1,500,000
300,000
455,000
(420,000)
1,835,000
Remeasurement (gains)/losses
Actuarial gain due to derease in PBO
(350,000)
20,000
(330,000)
500,000
1,835,000
(330,000)
(1,000,000)
1,005,000