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Wiley lFRS: Practicallmplementation Guide and Workbook
Plan contributions:
Employer contributions
Employee contributions
Tota l plan contributions
Total additions to net asset value
Plan benefit payments:
Pensions (annual)
Lump-sum payments on retiremen t
Severance pay
Commutation of superannuation benefits
Total plan benefit payments
Total deductions from net asset value
Net increase in asset value
Net assets available for benefits
Beginning of year
End of year
55.000
50000
105000
.!lli!.llQQ
25,000
35,000
10.000
15000
85 000
85 000
95 000
100,000
195.000
6. ADDITIONAL DISCLOSURES REQUIRED BY THE STANDARD
6.1 In case of both defined benefit plans and defined contribution plans, lAS 26 requires that the
reports of a retirement benefit plan should also contain this information:
• A statement of change s in net assets available for benefit s
• A summary of significant accounting policies
• A description of the plan and the effect of any change s in the plan during the period
6.2 Reports provided by retirement benefits plans may include , if applicable
( 1)
A statement of net assets available for benefits disclosing
a] Assets at the end of the period suitably classified
b] The basis of valuation of assets
c] Details of any single investment exceeding either 5% of the net assets available for
benefits or 5% of any class or type of security
d] Details of any investment in the employer
e] Liabilities other than the actuarial present value of promised retirement benefit s
(2) A statement of changes in net assets available for benefits showing
a] Employer contributions
b] Employee contributi ons
c] Investment income such as interest and dividends
d] Other income
e] Benefit s paid or payable (analyzed, e.g., as retirement, death, and disability benefit s,
and lump-sum payments)
f]
Administrati ve expenses
g] Other expenses
h] Taxes on income
i] Profits and losses on disposal of investments and changes in value of investment s
j] Transfers from and to other plans
(3) A description of the funding policy
(4) For defined benefit plans, the actuarial present value of promised retirement benefits
(which may distingui sh between vested benefits and nonvested benefits) based on the
benefits promised under the terms of the plan, on service rendered to date and using either
current salary levels or projected salary levels. This information may be included in an ac–
companying actuarial report to be read in conjunction with the related information.
(5) For defined benefit plans, a description of the significant actuarial assumptions made and
the method used to calculate the actuarial present value of promised retirement benefit s.
6.3 According to the Standard, since the report of a retirement benefit plan contains a description
of the plan, either as part of the financial information or in a separate report, it may contain
( 1)
The names of the employers and the employee groups covered