Pension Liability on B/S number, instead

ba736

B/S SFAS 87 IAS 19

$m
Funded Status (112)
Acturial Gain (108)
Amortization of gain 21.6
--------------------------------------------
Balance Sheet Liability (198.4)

Why is acturial gain of 108 recorded as a negative number instead of a positiv number?
Thanks.

flyinggirl

i actually always work the other way - B/S liability to funded status (it's easier to remember and makes more sense)

B/S Liability (198.4)
Acturial gain will reduce that liability 108
amortization of gain will increase that liability (21.6)

funded status = (112)

if you can remember this - then you can always work from funded status to B/S.

hope this helps