Table:
|  | 2019 | 2018 |
| --- | --- | --- |
|  | $ million | $ million |
| At 1 January | 254.2 | 282.6 |
| Interest income on plans’ assets | 7.0 | 7.0 |
| Employer contributions | 6.6 | 6.8 |
| Benefit payments | (11.4) | (12.1) |
| Plan administration expenses | (0.6) | (0.5) |
| Re-measurement gain/(loss) on plans’ assets | 25.8 | (14.2) |
| Exchange adjustment | 9.5 | (15.4) |
| Fair value of plans’ assets | 291.1 | 254.2 |
Paragraphs:
9. Pensions continued
Defined benefit plans continued
ii) Amounts in the financial statements continued
e) Movements in the fair value of plans’ assets
Question:
What was the percentage change in the fair value of plans' assets?
Answer: (291.1-254.2)/254.2 = 14.52