The North / South Language Body Annual Report & Accounts 2009

15.4.7 History of Defined Benefit Liabilities2009 2008 2007€( 000) €( 000) €( 000)(Loss) as at 31 December (13,520) (10,052) (10,579)Experience Gain / (Loss) 148 116 -Percentage liabilities of the scheme 1.1% 1.2% -15.4.8 Cumulative actuarial gain or loss recognised in the STRGLThe cumulative actuarial loss recognised in the STRGL as at 31 December 2009 was €1,251,000.15.4.9 Employer contributionThe employer does not contribute to the scheme but makes up the difference between the benefits paid over theyear and the employee contributions.16. ColmcilleOn 4 July 2008 the North/South Ministerial Council (NSMC) approved the transfer of Colmcille to Foras naGaeilge and the formation of a partnership with Bòrd na Gàidhlig to take forward the aims and objectives ofColmcille. Iomairt Colmcille (Colmcille) was a charity and accordingly steps had to be taken to dissolve thecharity voluntarily. The charity was dissolved voluntarily on 20 March 2010.The funding of Colmcille isdivided as follows; Foras na Gaeilge two thirds and Bòrd na Gàidhlig one third. A joint committee was formedfor Colmcille on which there are three members from Foras na Gaeilge and two from Bòrd na Gàidhlig. Theassets and liabilities of Iomairt Colmcille (Colmcille) at 1 April 2009 are set out below:€ STG £FIXED ASSETSNote (i)Tangible assets - -CURRENT ASSETSCash at bank and in hand 72,583 66,82072,583 66,820CURRENT LIABILITIESCreditors (amounts falling due within one year) (43,920) (40,433)TOTAL ASSETS LESS CURRENT LIABILITIES 28,663 26,387FUNDSRestricted Funds 28,663 26,387Note (i) The rate used to translate the Balance Sheet at 1 April 2009 was €1=STG£0.9206029