IFRS Notes

Financial statements of defined benefit plans


IAS 26-pr17
Financial statements of defined benefit plans
can choose either presentation 1 or presentation 2

Presentation 1
provides a statement that includes
(1) net assets available for benefits
(2) actuarial present value of promised benefits,
separately for vested and non-vested benefits
(3) excess or deficit

Presentation 2
provides a statement of net assets available for benefits
that includes (4) or (5)

(4) a note disclosing (4a)
(4a) actuarial present value of promised benefits,
separately for vested and non-vested benefits

(5) a reference to actuarial present value in (5a)
(5a) accompanying actuarial report


IAS 26-pr22
Financial statements of defined benefit plans
should provide
(1) description of investment policies
(2) actuarial information
(3) description of significant activities
(4) effect of changes in the plan, membership, terms and conditions
(5) investment performance for the period
(6) financial position of the plan at the end of period