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Download PDF (619 ko )FSST and CSST Financial Statements 2007

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3. Employer assessments<br />

Assessments related to the current ratemaking year*<br />

<strong>2007</strong> 2006<br />

(in thous<strong>and</strong>s of dollars)<br />

Current operations 2,116,774 2,057,048<br />

Application of the funding policy<br />

Adjustment resulting from the amortization<br />

of the cumulative differences related to the financial<br />

requirements for previous years 186,101 189,698<br />

Adjustment resulting from the amortization<br />

of the cumulative differences related to the financial<br />

requirements for current years (13,743) (36,707)<br />

Adjustment resulting from the amortization<br />

of the cumulative differences related to the real rate<br />

of return 17,468 97,661<br />

189,826 250,652<br />

2,306,600 2,307,700<br />

Assessments related to previous ratemaking years<br />

Current operations<br />

Assessment adjustments (9,095) (17,614)<br />

(Decrease) Increase resulting from a variation<br />

in the provision for assessment refunds (6,047) 15<br />

(15,142) (17,599)<br />

Application of the funding policy related<br />

to the retrospective ratemaking method<br />

Decrease resulting from a variation<br />

in the provision for assessment refunds (13,836) (28,493)<br />

(28,978) (46,092)<br />

<strong>FSST</strong> <strong>Financial</strong> <strong>Statements</strong><br />

2,277,622 2,261,608<br />

* Assessments for the <strong>2007</strong> ratemaking year were determined by the <strong>CSST</strong> on the basis of an estimated<br />

coverage payroll of $105,500,000,000 (2006: $100,500,000,000).<br />

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