Annual_Report2014

63 2014 Financial and Related Statements
Irish Auditing & Accounting Supervisory Authority
Notes to Financial Statements
10.4 Movement in net pension liability
2014 2013
€ €
Net Pension Liability at 1 January 1,055,000 1,023,000
Current Service Cost 162,000 179,000
Interest Cost 40,000 42,000
Experience (gains) on scheme liabilities (13,000) (96,000)
Changes in assumptions 499,000 (93,000)
Pensions paid in the year - -
Net Pension Liability at 31 December 1,743,000 1,055,000
10.5 History of scheme liabilities and experience (gains)/losses
2014 2013 2012 2011 2010
€ € € € €
Scheme liability 1,743,000 1,055,000 1,023,000 569,000 434,000
Experience (gains) on (13,000) (96,000) (17,765) (4,930) (50,200)
scheme liabilities
Changes in assumptions 499,000 (93,000) 317,000 - -
11 Capital Account
The Capital Account represents the unamortised value of income used for capital purposes (i.e. asset
acquisitions).