b) The following information relates to the defined benefits scheme of Aarti plc for the three years ended 31 December: million 2018 million 2019 million 2020 Fair value of plan assets at 31 December 3,570 4,116 3,564 Present value of obligation at 31 December 3,300 4,140 4,365 Discount rates on high quality corporate bonds 10% 9% 8% at start of the year Current service cost 480 420 450 Benefits paid out to plan members 450 540 570 Past Service costs 150 Contributions paid by Entity into plan 270 300 330 Notes: 1. The present value of the plan assets and the present value of the plan obligations were both 3,000million at 1 January 2018. 2. In 2019 the plan was amended to provide additional benefits with effect from 1 January 2019. REQUIRED: Applying the requirements of the Revised IAS 19 (2011), show the amounts that will be recognised in the financial statements of Aarti pic for EACH of the years 2018, 2019 and 2020: (All calculations should be to the nearest million) 1. The change in the NET pension obligations as at 31 December. (8 marks) 2. The Statements of Comprehensive Income and Other Comprehensive Income for Aarti plc for the years ended 31 December. (8 marks) 3. The net pension liability in the Statements of Financial Position as at 31 December. (6 marks) (TOTAL 30 MARKS)