OE News Special Edition July 2013
OE News Special Edition July 2013
OE News Special Edition July 2013
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OPERATING ENGINEERS' PENSION PLAN<br />
Statement of Changes in Net Assets Available for Benefits<br />
For the Year Ended April 30, 2012 and 2011<br />
2012<br />
Increase in Book Value of Assets:<br />
2011<br />
Contributions $ 35,479,577 $ 28,509,186<br />
Cooperative housing income 176,094 2012 176,094 2011<br />
Dividends, Increase gains on in Book sale of Value securities, of Assets: and interest -<br />
Investments Contributions managed under contract<br />
Other Cooperative housing income<br />
Real estate Dividends, income gains on sale of securities, and interest -<br />
52,871,856 $ 35,479,577 33,949,120 $ 28,509,186<br />
267,742 176,094 148,926 176,094<br />
5,437,390 5,384,133<br />
Investments managed under contract<br />
Other<br />
52,871,856 33,949,120<br />
94,232,659 267,742 68,167,459 148,926<br />
Real estate income 5,437,390 5,384,133<br />
Decrease in Book Value of Assets:<br />
Benefit Payments -<br />
Cash terminations<br />
94,232,659 68,167,459<br />
4,774,039 4,586,192<br />
Death Decrease in Book Value of Assets:<br />
228,634 918,704<br />
Pension Benefit Payments -<br />
40,215,596 38,874,013<br />
Cash terminations<br />
Death 45,218,269<br />
4,774,039 4,586,192<br />
228,634 44,378,909 918,704<br />
Expenses-<br />
Pension 40,215,596 38,874,013<br />
Administrative<br />
Investments managed under contract<br />
1,141,079<br />
45,218,269<br />
1,015,967<br />
44,378,909<br />
935,138 841,043<br />
Other Expenses-<br />
1,450 (21,087)<br />
Administrative<br />
Investments managed under contract 2,077,666<br />
1,141,079 1,015,967<br />
935,138 1,835,923 841,043<br />
Other<br />
Increase in book value of assets 46,936,724<br />
1,450<br />
21,952,627<br />
(21,087)<br />
Assigned and fair value adjustment<br />
2,077,666 1,835,923<br />
Increase Increase in fair value in book adjustment value of assets 83,946,74046,936,724 21,437,034 21,952,627<br />
Increase in assigned value adjustment 37,912,468 19,331,797<br />
Assigned and fair value adjustment<br />
Increase in fair value adjustment<br />
121,859,208<br />
83,946,740<br />
40,768,831<br />
21,437,034<br />
Increase in assigned value adjustment 37,912,468 19,331,797<br />
Increase in Net Assets available for benefits 168,795,931 62,721,458<br />
Net Assets Available for Benefits, beginning 844,956,804121,859,208 782,235,346 40,768,831<br />
Net Assets Increase Available in for Net Benefits, Assets ending available for benefits $1,013,752,735 168,795,931 $844,956,804<br />
62,721,458<br />
Net Assets Available for Benefits, beginning 844,956,804 782,235,346<br />
Net Assets Available for Benefits, ending $1,013,752,735 $844,956,804<br />
These summarized financial statements are not complete and do not contain all of the disclosures<br />
required under Canadian general accounting principles. A complete set of financial statements, and<br />
notes thereto, are available upon request from the Operating Engineers Local 115 Pension Plan<br />
Administrator.<br />
OPERATING ENGINEERS' PENSION PLAN<br />
Statement of Changes in Net Assets Available for Benefits<br />
For the Year Ended April 30, 2012 and 2011<br />
These summarized financial statements are not complete and do not contain all of the disclosures<br />
required under Canadian general accounting principles. A complete set of financial statements, and<br />
notes thereto, are available upon request from the Operating Engineers Local 115 Pension Plan<br />
Administrator.<br />
<strong>Special</strong> <strong>Edition</strong> Summer <strong>2013</strong> <strong>News</strong> 21
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