20645_Scapa_AR_160504
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NOTES ON THE ACCOUNTS CONTINUED<br />
FINANCIAL STATEMENTS<br />
24. RETIREMENT BENEFIT OBLIGATIONS CONTINUED<br />
The amounts recognised in the Statement of Comprehensive Income are as follows:<br />
2016<br />
£m<br />
2015<br />
£m<br />
Actual return less expected return on scheme assets (2.6) 18.6<br />
Experience gains/(losses) arising on scheme liabilities 3.6 (2.7)<br />
Changes in assumptions underlying the present value of the scheme liabilities:<br />
Demographic assumptions 4.8 (1.9)<br />
Financial assumptions 2.4 (16.2)<br />
Total amounts recognised in the Statement of Comprehensive Income 8.2 (2.2)<br />
The amounts recognised in the Balance Sheet are as follows:<br />
Analysis of movements in scheme assets<br />
Beginning of the year 162.2 142.7<br />
Exchange differences 0.3 1.4<br />
Expected return on scheme assets 4.8 5.7<br />
Actual return less expected return on scheme assets (2.6) 18.6<br />
Contributions paid 4.5 4.3<br />
Settlement (14.7) –<br />
Benefits paid (9.3) (10.5)<br />
End of the year 145.2 162.2<br />
2016<br />
£m<br />
2015<br />
£m<br />
Analysis of movement in scheme liabilities<br />
Beginning of the year (202.0) (182.7)<br />
Exchange differences (0.8) (1.4)<br />
Current service cost (included within staff costs) (0.4) (0.4)<br />
Settlement (included within staff costs) 16.3 0.1<br />
Interest on scheme liabilities (5.9) (7.3)<br />
Experience (losses)/gains 3.6 (2.7)<br />
Changes in assumptions 7.2 (18.1)<br />
Benefits paid 9.3 10.5<br />
End of the year (172.7) (202.0)<br />
2016<br />
£m<br />
2015<br />
£m<br />
98<br />
<strong>Scapa</strong> Group plc Annual Report and Accounts 2016<br />
103<br />
ANNUAL REPORT AND ACCOUNTS 2016 SCAPA GROUP PLC
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