Examples of Net Interest in a sentence
Net interest is calculated by applying the discount rate at the beginning of the period to the net defined benefit liability or asset.
Net interest on the net defined benefit liability/asset is also recognised in the Statement of Financial Activities and comprises the interest cost on the defined benefit obligation and interest income on the scheme assets, calculated by multiplying the fair value of the scheme assets at the beginning of the period by the rate used to discount the benefit obligations.
Net interest expense and other expenses related to defined benefit plans are recognised in profit or loss.
Net interest is calculated by applying the discount rate to the net defined benefit liability or asset.
Net interest on the net defined benefit liability/asset is also recognised in the statement of financial activities and comprises the interest cost on the defined benefit obligation and interest income on the scheme assets, calculated by multiplying the fair value of the scheme assets at the beginning of the period by the rate used to discount the benefit obligations.