My first Magazine Annual report 2015 | Page 63

SCIENCE FOUNDATION IRELAND ANNUAL REPORT 2015 61 Notes to the Accounts For the year ended 31 December 2015 Prior Year Comparatives Year ending December 31st 2015 €’000 2014 €’000 2013 €’000 2012 €’000 2011 €’000 Closing pension liability Experience (loss)/gain arising on the plan Liabilities 10,076 7,873 - - - (469) 164 - - - % Liabilities Total (loss)/Gain recognised in Statement of Total Recognised Gains & losses (4.6%) 2.1% - - - (1,058) 38 - - - % Liabilities (10.5%) 0.5% - - - 6 Depreciation 2015 2014 Note € ’000 € ’000 Depreciation of property, plant and equipment 8 115 247 115 247 7 Capital Account 2015 2014 € ’000 € ’000 98 Opening Balance as at 1 January Transfer from Statement of Income and Expenditure and Retained Revenue Reserves - To fund Fixed Asset acquisitions - Amortised in line with asset depreciation 249 237 96 (115) (247) Net Movement 122 (151) Closing balance as at 31 December 220 98