20645_Scapa_AR_160504

More documents

Recommendations

Info

NOTES ON THE ACCOUNTS CONTINUED 25. RETIREMENT BENEFIT OBLIGATIONS CONTINUED The amounts recognised in the Income Statement are as follows: Settlement 0.4 0.1 Total included within staff costs 0.4 0.1 2016 £m 2015 £m Expected return on scheme assets less interest on scheme liabilities (0.6) (1.0) Total included within finance costs (0.6) (1.0) Total expenses charged through the Income Statement (0.2) (0.9) The amounts recognised in the Statement of Comprehensive Income are as follows: 2016 £m 2015 £m Actual return less expected return on scheme assets 1.1 14.8 Experience gains/(losses) arising on scheme liabilities 1.6 0.8 Changes in assumptions underlying the present value of the scheme liabilities: Demographic assumptions 3.2 (11.6) Financial assumptions 1.6 (0.1) Total amounts recognised in the Statement of Comprehensive Income 7.5 3.9 The amounts recognised in the Balance Sheet are as follows: Analysis of movements in scheme assets Beginning of the year 92.0 80.2 Expected return on scheme assets 2.9 3.5 Actual return less expected return on scheme assets 1.1 14.8 Settlement (6.8) – Benefits paid (5.2) (6.5) End of the year 84.0 92.0 2016 £m 2015 £m Analysis of movement in scheme liabilities Beginning of the year (112.7) (103.9) Settlement (included within staff costs) 7.2 0.1 Interest on scheme liabilities (3.5) (4.5) Experience (losses)/gains 1.6 0.8 Changes in assumptions 4.8 (11.7) Benefits paid 5.2 6.5 End of the year (97.4) (112.7) 2016 £m 2015 £m 122 SCAPA GROUP PLC ANNUAL REPORT AND ACCOUNTS 2016 117 Annual Report and Accounts 2016 Scapa Group plc
NOTES ON THE ACCOUNTS CONTINUED FINANCIAL STATEMENTS 25. RETIREMENT BENEFIT OBLIGATIONS CONTINUED Analysis of movement in Balance Sheet liability Beginning of the year (20.7) (23.7) Total remeasurements 7.5 3.9 Expenses in the P&L (0.2) (0.9) 2016 £m 2015 £m Net deficit in the schemes (13.4) (20.7) Cumulative actuarial losses on pension schemes recognised in reserves total £xxxx (2015: £38.4m). 2016 FRS101 (revised) £m 2015 FRS101 (revised) £m 2014 £m 2013 £m 2012 £m Present value of defined benefit obligations (97.4) (112.7) (103.9) (80.2) (73.2) Fair value of plan assets 84.0 92.0 103.9 80.2 58.0 Deficit in the plan (13.4) (20.7) - - (15.2) Experience adjustments on plan liabilities 6.4 (10.9) 0.4 (9.8) (4.9) Experience adjustments on plan assets 1.1 14.8 0.1 2.4 0.1 14. DIVIDEND PER SHARE A final dividend of [2.0p] per share is proposed for the year ended 31 March 2016 (2015: 1.5p). 118 Scapa Group plc Annual Report and Accounts 2016 123 ANNUAL REPORT AND ACCOUNTS 2016 SCAPA GROUP PLC
Page 1 and 2:
STRATEGIC VALUE CREATION SCAPA GROU
Page 3 and 4:
FINANCIAL HIGHLIGHTS STRATEGIC REPO
Page 5 and 6:
STRATEGIC REPORT REVENUE BY DIVISIO
Page 7 and 8:
STRATEGIC REPORT PERFORMANCE AND DI
Page 9 and 10:
STRATEGIC REPORT STRATEGIC PROGRESS
Page 11 and 12:
STRATEGIC REPORT 2016 STRATEGIC GOA
Page 13 and 14:
STRATEGIC REPORT UNDERLYING CASH FL
Page 15 and 16:
STRATEGIC REPORT RISK MANAGEMENT MO
Page 17 and 18:
PRINCIPAL RISKS AND UNCERTAINTIES S
Page 19 and 20:
STRATEGIC REPORT Risk Accountable E
Page 21 and 22:
VIABILITY STATEMENT STRATEGIC REPOR
Page 23 and 24:
STRATEGIC REPORT Healthcare has del
Page 25 and 26:
STRATEGIC REPORT We continue to inv
Page 27 and 28:
STRATEGIC REPORT Umquasperum unt qu
Page 29 and 30:
STRATEGIC REPORT OUR STRATEGY 2015/
Page 31 and 32:
STRATEGIC REPORT The underlying eff
Page 33 and 34:
STRATEGIC REPORT projects that prov
Page 35 and 36:
STRATEGIC REPORT OUR EXECUTIVE TEAM
Page 37 and 38:
STRATEGIC REPORT ENVIRONMENTAL PERF
Page 39 and 40:
CORPORATE GOVERNANCE of Group Finan
Page 41 and 42:
CORPORATE GOVERNANCE M C BUZZACOTT
Page 43 and 44:
CORPORATE GOVERNANCE The Chief Exec
Page 45 and 46:
CORPORATE GOVERNANCE Board diversit
Page 47 and 48:
CORPORATE GOVERNANCE REPORT OF THE
Page 49 and 50:
CORPORATE GOVERNANCE To assess the
Page 51 and 52:
CORPORATE GOVERNANCE REPORT OF THE
Page 53 and 54:
REPORT OF THE REMUNERATION COMMITTE
Page 55 and 56:
CORPORATE GOVERNANCE REMUNERATION C
Page 57 and 58:
CORPORATE GOVERNANCE Purpose Operat
Page 59 and 60:
CORPORATE GOVERNANCE Purpose Operat
Page 61 and 62:
DIRECTORS’ ANNUAL REMUNERATION RE
Page 63 and 64:
CORPORATE GOVERNANCE The performanc
Page 65 and 66:
CORPORATE GOVERNANCE HISTORICAL CHI
Page 67 and 68:
CORPORATE GOVERNANCE The salary of
Page 69 and 70:
CORPORATE GOVERNANCE shareholders g
Page 71 and 72:
DIRECTORS’ RESPONSIBILITIES FINAN
Page 73 and 74:
CONSOLIDATED STATEMENT INCOME INCOM
Page 75 and 76: CONSOLIDATED STATEMENT OF CHANGES O
Page 77 and 78: GROUP ACCOUNTING POLICIES POLICIES
Page 79 and 80: GROUP ACCOUNTING POLICIES CONTINUED
Page 85 and 86: NOTES ON ON THE THE ACCOUNTS FINANC
Page 87 and 88: FINANCIAL STATEMENTS 2. SEGMENT ASS
Page 89 and 90: FINANCIAL STATEMENTS current status
Page 91 and 92: FINANCIAL STATEMENTS 9. TAXATION CO
Page 93 and 94: NOTES ON THE ACCOUNTS CONTINUED FIN
Page 115 and 116: FIVE YEAR SUMMARIES FINANCIAL STATE
Page 117 and 118: COMPANY BALANCE SHEET SHEET AS AT 3
Page 119 and 120: STATEMENT OF ACCOUNTING POLICIES CO
Page 125: NOTES ON THE ACCOUNTS CONTINUED FIN
Page 129: COMPANY INFORMATION FINANCIAL STATE
show all

20645_Scapa_AR_160504

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?