Pension Expense

Pension expense
= Service cost + Interest cost - Expected return on plan assets + Amortization of Unrecognized Prior Service Cost + Amortization of Unrecognized Loss

Pension Expense

	IFRS	U.S. GAAP
Net amount reported	may be different(*)	may be different(*)
Presentation	may be different(*)(***)	may be different(*)(**)
Use of expected return	OK	OK

(*) depending on the (1) treatment of prior service costs and (2) actual gains and losses
(**) net expense (income) is reported as a single amount
(***) various components of net pension expense (income) do not have to be presented as a single net amount