OE News Special Edition July 2013

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