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S09-96.pdf
Financial Statements Year Ended March 31/09
Handle: Document-348002
Owner: Department, Document (User-16, docsol:ADSFU)DS
Thursday, May 13, 2010 02:14:22 PM PDT
Monday, August 23, 2010 10:44:01 AM PDT
Modified By: Lougheed, Pat (User-147, patl:ADSFU)DS
Locked By:
  • University contributions in calendar year 2008 were $9,300 (2007: $21,600).
  • This was primarily the result of investment losses as operating investment income was $18.9 million below budget and endowment losses of $32.9 had a total impact of $51.8 million.
  • Employer contributions for calendar year 2008 were $10,897,000 (2007: $10,047,000).
  • The latest actuarial valuation for this group as at December 31, 2006 shows an actuarial liability of $25,123,000 against the actuarial value of assets of $29,209,000 resulting in a surplus of $4,086,000.
  • Since its inception, the Trust has distributed $19,800,000 (2008: $19,800,000) to the University and $2,060,000 (2008: $2,060,000) to the Foundation.
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