Notes to the financial statements - Plasmon

Notes to the financial statements continued
for the year ended 31 March 2003
History of experience losses
Difference between the expected and actual return on scheme assets:
Amount (£’000) (153)
Percentage of scheme assets at 31 March 2003 (18.2%)
Experience losses of scheme liabilities:
Amount (£’000) (115)
Percentage of scheme assets at 31 March 2003 (15.9%)
Total amount recognised in statement of total recognised gains and losses:
Amount (£’000) (463)
Percentage of scheme assets at 31 March 2003 (64.1%)
If the above amounts had been recognised in the financial statements, the group’s net assets and profit and loss reserve at 31 March 2003 would
be as follows:
31 March 31 March
2003 2002
£’000 £’000
Net assets
Net assets excluding net pension surplus/(deficit) under SSAP 24 38,239 41,157
Pension surplus/(deficit) under FRS 17 70 (169)
Net assets including net pension surplus/(deficit) under FRS 17 39,309 40,988
Reserves
Profit and loss account recognised in the financial statements (6,537) (1,568)
Pension surplus/(deficit) under FRS 17 70 (169)
Profit and loss account including net pension surplus/(deficit) under FRS 17 (6,467) (1,737)
Plasmon Plc
Annual Report 2003
Notes to the financial statements
48