Dear Santosh:
to answer this Question:
Beginning Net Pension assets is 913M (1010 – 97)
– Subtract Service cost of ( 9M )
Return on Plan Assets = (5% * 1010M ) = +50.5
Interest
Dear Santosh:
to answer this Question:
Beginning Net Pension assets is 913M (1010 – 97)
– Subtract Service cost of ( 9M )
Return on Plan Assets = (5% * 1010M ) = +50.5
Interest on Plan Benefit Obligation = 2% * 97 = -1.94
Ending Net Pension Asset = 913 +50.5 -9 – 1.94 = 952.6M
Madhu Chandarasekaran, CFA