Ryanair 2004 Annual Report Download - page 57

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26 PENSIONS (Continued)
(b) FRS 17 disclosures (continued)
2004 2003
Movement in (deficit)/surplus during the year is as follows: 000 000
(Deficit)/surplus in scheme at beginning of year (5,065) 1,072
Current service costs (704) (960)
Contributions 646 795
Other finance income/investment return (102) (286)
Actuarial gains/(losses) 303 (5,686)
Deficit in scheme at end of year (4,922) (5,065)
2004 2003
History of actuarial gains and losses: 000 000
Difference between expected and actual return on assets 1,903 (2,910)
Expressed as a percentage of scheme assets 16% (35%)
Experience losses on scheme liabilities (407) (784)
Expressed as a percentage of scheme liabilities (2%) (6%)
Total actuarial gains/(losses) 303 (5,686)
Expressed as a percentage of scheme liabilities 2% (43%)
(Continued)
Notes 57
A N N U A L R E P O RT & F I N A N C I A L S T A T E M E N T S 2 0 0 4