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159Notes to the Group nancial statementsFinancial statements
(b) Movements in net post-employment benefit assets/(obligations) recognised in the balance sheet
Fair value of
plan assets
US$m
Present value of obligations Net post-
employment
benefit
assets/
(obligations)
US$m
Defined
benefit
pensions –
funded
US$m
Defined
benefit
pensions –
unfunded
US$m
Post-
employment
medical
benefits
US$m
Total
US$m
At 1 April 2015 1,094 (1,036) (52) (8) (1,096) (2)
Income statement (charge)/credit:
Current service cost (7) (7) (7)
Curtailment gain 1 1 1
Administration expenses (2) (2) (2)
Interest income/(expense) 37 (35) (2) (37)
Total (charge)/credit to income statement 37 (43) (2) (45) (8)
Remeasurements:
Return on plan assets other than interest (50) (50)
Gains from change in financial assumptions 17 1 18 18
Experience gains 1 1 2 2
Remeasurement of post-employment benefit
assets and obligations (50) 17 2 1 20 (30)
Differences on exchange (27) 27 27
Contributions paid by the Group 10 1 1 11
Contributions paid by employees 2 (2) (2)
Benefits paid (43) 40 3 43
At 31 March 2016 1,023 (997) (49) (6) (1,052) (29)
Fair value of
plan assets
US$m
Present value of obligations Net post-
employment
benefit
assets/
(obligations)
US$m
Defined
benefit
pensions –
funded
US$m
Defined
benefit
pensions –
unfunded
US$m
Post-
employment
medical
benefits
US$m
Total
US$m
At 1 April 2014 1,104 (1,030) (50) (11) (1,091) 13
Income statement (charge)/credit:
Current service cost (7) (1) (8) (8)
Administration expenses (2) (2) (2)
Interest income/(expense) 46 (43) (2) (45) 1
Total (charge)/credit to income statement 46 (52) (3) (55) (9)
Remeasurements:
Return on plan assets other than interest 113 113
Losses from change in demographic assumptions (2) (2) (2)
Losses from change in financial assumptions (124) (3) (127) (127)
Experience gains/(losses) (1) 2 1 1
Remeasurement of post-employment
benefit assets and obligations 113 (124) (6) 2 (128) (15)
Differences on exchange (136) 129 5 134 (2)
Contributions paid by the Group 8 2 1 3 11
Contributions paid by employees 3 (3) (3)
Benefits paid (44) 44 44
At 31 March 2015 1,094 (1,036) (52) (8) (1,096) (2)