YHN Annual Report 2009-10 - Your Homes Newcastle
YHN Annual Report 2009-10 - Your Homes Newcastle
YHN Annual Report 2009-10 - Your Homes Newcastle
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Financial accounts<br />
Notes to the financial statements<br />
at 31 March 20<strong>10</strong><br />
17. Pensions (continued)<br />
Changes to the fair value of assets during the accounting period<br />
20<strong>10</strong> <strong>2009</strong><br />
£m £m<br />
Opening fair value of assets 44.23 50.97<br />
Expected return on assets 2.78 3.62<br />
Actuarial losses on assets 14.06 (13.25 )<br />
Contributions by the employer 2.89 2.91<br />
Contributions by the participants 1.04 1.03<br />
Net benefits paid out (1.39 ) (1.05 )<br />
Closing fair value of assets 63.61 44.23<br />
Actual return on assets<br />
20<strong>10</strong> <strong>2009</strong><br />
£m £m<br />
Expected return on assets 2.78 3.62<br />
Actuarial gain/(loss) on assets 14.06 (13.25 )<br />
Net return 16.84 (9.63 )<br />
Analysis of amount that would be recognised in statement of total recognised<br />
gains and losses (STRGL)<br />
20<strong>10</strong> <strong>2009</strong><br />
£m £m<br />
Total actuarial losses (5.32 ) (16.80 )<br />
Total loss in STRGL (5.32 ) (16.80 )<br />
page 46
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