Middlesex University
Financial Statements 2015/16
30. Pension Schemes (continued)
Year Ended 31 July 2016 £000
Movement in deficit during the year Deficit at beginning of year
Movement in the year Contributions or benefits paid by the University Current service costs
Past service cost (including curtailments) Administration expenses Other finance charge
Loss recognised in other comprehensive income Deficit at end of year
Year Ended 31 July 2015 £000
(99,349)
(76,945)
6,755
(7,296) – –
(3,686) (25,015) (128,591)
6,516
(6,023) (496) (153)
(3,136)
(19,112) (99,349)
Year Ended 31 July 2016 £000
Movement in present value of the scheme liabilities Opening present value of the defined benefit obligation
Movement in the period: Current service costs Interest cost
Past service cost (including curtailments)
Member contributions (including unfunded pension payments) Actuarial loss arising from changes in financial assumptions Other experience
Estimated benefits paid net of transfers in Present value of liabilities at the end of the year
Year Ended 31 July 2015 £000
240,423
212,077
7,296 8,964 –
1,998
45,942 (3,844) (5,583)
295,196
6,023 8,846 496
1,921
16,643 1
(5,584) 240,423
72
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78