here - SMDA - NSW Government

(c) Reconciliation of the fair value of Fund assets {AASB 119 – paragraph 120A(e)}
SASS SANCS SSS TOTAL
30-Jun-12 30-Jun-12 30-Jun-12 30-Jun-12
$’000 $’000 $’000 $’000
Fair value of Fund assets at beginning of the year 24 35 -- 59
Expected return on Fund assets 2 3 -- 4
Actuarial gains/(losses) 2 (3) -- (1)
Employer contributions 5 3 -- 8
Contributions by Fund participants 2 -- -- 2
Benefits paid (4) -- -- (4)
Settlements -- -- -- --
Business combinations -- -- -- --
Exchange rate changes -- -- -- --
Fair value of Fund assets at end of the year 31 38 -- 69
SASS SANCS SSS TOTAL
30-Jun-11 30-Jun-11 30-Jun-11 30-Jun-11
$’000 $’000 $’000 $’000
Fair value of Fund assets at beginning of the year 238 146 -- 385
Expected return on Fund assets 20 13 -- 33
Actuarial gains/(losses) (68) (6) -- (74)
Employer contributions 50 4 -- 54
Contributions by Fund participants 3 -- -- 3
Benefits paid (219) (122) -- (342)
Settlements -- -- -- --
Business combinations -- -- -- --
Exchange rate changes -- -- -- --
Fair value of Fund assets at end of the year 24 35 -- 59
(d) Reconciliation of the assets and liabilities recognised in statement of financial position {AASB 119 – paragraphs 120A(d) and (f)}
Present value of partly funded defined benefit
obligation at end of year
SASS SANCS SSS TOTAL
30-Jun-12 30-Jun-12 30-Jun-12 30-Jun-12
$’000 $’000 $’000 $’000
93 170 -- 263
Fair value of Fund assets at end of year (30) (38) -- (68)
Subtotal 63 132 -- 194
Unrecognised past service cost -- -- -- --
Unrecognised gain/(loss) -- -- -- --
Adjustment for limitation on net asset -- -- -- --
Net Liability recognised in statement of financial
position at end of year
63 132 -- 194
2011-12 ANNUAL REPORT
43