pensions question EoC R22, Q22 beautiful, question, economic, increase, position

RMontgomery

Morning all,
its a beautiful sunday morning and i am stuck inside studying as most of you are.
i’m a bit confused on the answer to one of the eoc questions (as in topic).
The CFAI answer says the adjustment to show the economic position of the benefit plan would increase shareholders equity by 667. Now having read the explanation it makes sense that shareholders equity would increase by 667 - as the unrecognised losses would be removed. But would they not also then be removed from the asset thus meaning a higher reported net asset (to reflect the funded status only) - now it seems the answer actually says the asset will increase also.
So my question is why have they said the answer is c, when it is A and C?

malbec

ahhh ok, so they’re referring to the individual plan asset and obligation, not the net asset on the balance sheet.

onelife1

Company is reporting under IFRS, so isn’t reporting the (higher) funded status of 1822 on balance sheet, and is instead reporting the 1155?