[mentosshane]

Ok, how did people calculate the “Provision” on the new handsets in part (c) of question 2 or 3???

[mentosshane]

oooppppssssss

[mentosshane]

Would it not be the same as applying the logic to a building on “land” in that case. If the building has a useful life remaining of 20 years and is to be deconstructed after and you have a lease for 19, is that a finance lease? By the same logic, the Landfill site has a useful life of 20 yeears and you have it leased for that period its a finacee lease. Sorry, just a really confusing qustion and open for interpretation

[mentosshane]

I went with

op bal 15m
past service cost (p/l) 5m
Gain on Curtailment (p/l) (4m)
Contribution (6m)

Balancing figure to OCI 7m

Actuarial FV 17m

Figures may bee incorrect but I think I got my OCI figure of circa 6 or 7………. I took the curtailment figure as referring to the Interest figure for some reason…….

[mentosshane]

I read the examiner article and still come up with a F.L. conclusion……….

[mentosshane]

So, the lease on Q2, although it was a lease of land, I went with finance lease. Anyone else agree??

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