NDB operates a defined benefit pension plan for its employees. At 1 July 2012 the fair value of the pension plan assets was R14 million and the present value of the pension plan liabilities was R17 million. The actuary estimated that the relevant discount rate for the year to 30 June 2013 was 6%. The pension plan paid R2 million to retired members and NDB paid R3 million in contributions to the pension plan for the year to 30 June 2013. The actuary estimated that the service cost for the year to 30 June 2013 was R4 million. At 30 June 2013 the fair value of the pension plan assets was R15.5 million and the present value of pension plan liabilities was R19 million. Required In accordance with IAS 19 Employee Benefits (revised): calculate the net expense that would have been charged in arriving at NDB's profit for the year ended 30 June 2013; and (0) calculate the actuarial gains or losses on pension plan assets and liabilities that would have been included in NDB's other comprehensive income for the year ended 30 June 2013. (5 marks) NDB operates a defined benefit pension plan for its employees. At 1 July 2012 the fair value of the pension plan assets was R14 million and the present value of the pension plan liabilities was R17 million. The actuary estimated that the relevant discount rate for the year to 30 June 2013 was 6%. The pension plan paid R2 million to retired members and NDB paid R3 million in contributions to the pension plan for the year to 30 June 2013. The actuary estimated that the service cost for the year to 30 June 2013 was R4 million. At 30 June 2013 the fair value of the pension plan assets was R15.5 million and the present value of pension plan liabilities was R19 million. Required In accordance with IAS 19 Employee Benefits (revised): calculate the net expense that would have been charged in arriving at NDB's profit for the year ended 30 June 2013; and (0) calculate the actuarial gains or losses on pension plan assets and liabilities that would have been included in NDB's other comprehensive income for the year ended 30 June 2013