Chemring Group PLC |Annual Report and Accounts 2012

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Amounts recognised in the income statement in respect of the Group’s defined benefit schemes are as follows:
Amounts included within operating profit:
Current service cost (1.0) (1.2)
Curtailment gain 1.4 -
2012
£m
2011
£m
0.4 (1.2)
Amounts included as other finance costs:
Expected return on scheme assets 2.4 2.5
Discount on scheme liabilities (3.2) (3.2)
(0.8) (0.7)
Net charge (0.4) (1.9)
Amounts recognised in the statement of comprehensive income are as follows:
Actual return less expected return on pension scheme assets (i) 3.0 (1.3)
Changes in assumptions underlying the present value of the scheme liabilities (ii) (5.7) (0.5)
Actuarial loss recognised in the statement of comprehensive income (2.7) (1.8)
2012
£m
2011
£m
Business review Corporate governance Financial statements Other information
(i)
(ii)
scheme assets at the balance sheet date;
present value of the scheme liabilities at the balance sheet date.
Changes in the present value of the defined benefit obligations are as follows:
2012
£m
2011
£m
Opening defined benefit obligations (65.2) (61.9)
Service cost (1.0) (1.2)
Interest cost (3.2) (3.2)
Contributions from scheme members (0.3) (0.6)
Actuarial losses (5.7) (0.5)
Benefits paid 2.4 2.2
Curtailment gain 1.4 -
Closing defined benefit obligations (71.6) (65.2)
Movements in the fair value of the schemes’ assets were as follows:
2012
£m
2011
£m
Opening fair value of schemes’ assets 40.0 38.9
Expected return on scheme assets 2.4 2.5
Actuarial gains/(losses) 1.4 (1.3)
Contributions from scheme members 0.3 0.6
Contributions from sponsoring companies 1.3 1.5
Additional contributions in respect of the Section 75 debt on the disposal of the UK marine business 1.6 -
Benefits paid (2.4) (2.2)
44.6 40.0
Chemring Group PLC Report and Accounts 2012