NOTES TO THE FINANCIAL STATEMENTS CONTINUED – For the period ended … 21 Surplus and reserve accounts A B C D E F Member/ Employer Employer Contingency Invest Risk Pensioner Other pensioner surplus Reserve protection reserve reserve reserve reserves surplus account Accounts reserve reserve account R R R R R R R R R At beginning of period Employer surplus apportionment Member surplus apportionment Benefit enhancement current members – Contributions received and accrued Contributions transferred from reserve accounts Contributions transferred from surplus accounts Surplus improperly utilised Reinsurance proceeds Net investment income Allocated to unclaimed benefits Other income (provide details) Less: Re-insurance premiums Administration expenses Retirement fund taxation Net income before transfers and benefits
NOTES TO THE FINANCIAL STATEMENTS – CONTINUED For the period ended … 21 Surplus and reserve accounts A B C D E F Member/ pensioner surplus account R Employer surplus account R Reserve Accounts R Employer protection reserve R Contingency reserve R Invest reserve R Risk reserve R Pensioner reserve R Other reserves R At beginning of period Employer surplus apportionment Member surplus apportionment Benefit enhancement – current members Contributions received and accrued Contributions transferred from reserve accounts Contributions transferred from surplus accounts Surplus improperly utilised Reinsurance proceeds Net investment income Allocated to unclaimed benefits Other income (provide details) Less: Re-insurance premiums Administration expenses Retirement fund taxation Net income before transfers and benefits
Financial%20Statement%202014.docx