As at 1 May 2014 the present value of the obligation arising from Stirling plc's defined benefit pension plan was 1300m. At that date the fair value of the plan's assets was 1200m. The discount rate at the start of the year was 8%. The plan's actuaries predicted a return on the plan's assets of 12%. The following figures were recorded during the year ended 30 April 2015: Current service cost Benefits paid Contributions received m 145 130 140 On 30 April 2015 the present value of the plan's obligation was 1460m and the fair value of the plan's assets was 1290m. Required 3.1 Calculate the figures that will appear with respect to pensions in Stirling plc's financial statements for the year ended 30 April 2015. 8% 3.2 Discuss the suggestion that the estimate for the value of the plan's obligations is too uncertain to be reflected in the financial statements. 7%