BOC Report and accounts 2005 - Alle jaarverslagen

106 The BOC Group plc Annual report and accounts 2005 Notes to the financial statements
8. Pensions and other retirement benefits continued
Americas Americas
Analysis of the amount included in other net financing income
Europe pensions health care Africa Asia/Pacific Total
£ million £ million £ million £ million £ million £ million
Year to 30 September 2005
Expected return on pension scheme assets 4 96.7 26.9 – 10.9 12.5 147.0
Interest on pension scheme liabilities 4 (92.2) (13.5) (2.5) (8.7) (11.7) (128.6)
Net interest on FRS17 pension schemes 4.5 13.4 (2.5) 2.2 0.8 18.4
Year to 30 September 2004
Expected return on pension scheme assets 4 83.1 28.1 – 11.2 10.7 133.1
Interest on pension scheme liabilities 4 (80.4) (15.4) (2.6) (8.9) (9.7) (117.0)
Net interest on FRS17 pension schemes 2.7 12.7 (2.6) 2.3 1.0 16.1
Year to 30 September 2003
Expected return on pension scheme assets 4 70.2 29.1 – 10.8 9.4 119.5
Interest on pension scheme liabilities 4 (72.9) (15.8) (3.1) (8.8) (9.2) (109.8)
Net interest on FRS17 pension schemes (2.7) 13.3 (3.1) 2.0 0.2 9.7
4. The profit and loss account includes amounts relating to joint ventures and associates of £0.1 million and £(0.3) million in respect of expected return on pension scheme assets and interest on
pension scheme liabilities respectively (2004: £0.1 million and £(0.4) million, 2003: £0.1 million and £(0.4) million).
Americas Americas
Analysis of the amount recognised in the statement Europe pensions health care Africa Asia/Pacific Total
of total recognised gains and losses £ million £ million £ million £ million £ million £ million
Year to 30 September 2005
Actual return less expected return on pension scheme assets 159.8 25.6 – 27.8 18.6 231.8
Experience gains and losses arising on the scheme liabilities 9.2 1.2 7.6 – (16.0) 2.0
Changes in assumptions underlying the present value of the
scheme liabilities (206.9) (9.0) (3.1) (13.3) (0.6) (232.9)
Irrecoverable surplus – – – (16.2) – (16.2)
Actuarial (loss)/gain recognised in the statement
of total recognised gains and losses 5 (37.9) 17.8 4.5 (1.7) 2.0 (15.3)
Year to 30 September 2004
Actual return less expected return on pension scheme assets 31.9 17.6 – 12.5 14.2 76.2
Experience gains and losses arising on the scheme liabilities (28.6) 12.5 0.2 – (14.2) (30.1)
Changes in assumptions underlying the present value of the
scheme liabilities (29.4) (3.3) (2.0) 5.9 – (28.8)
Irrecoverable surplus – – – (20.6) – (20.6)
Actuarial (loss)/gain recognised in the statement
of total recognised gains and losses 5 (26.1) 26.8 (1.8) (2.2) – (3.3)
Year to 30 September 2003
Actual return less expected return on pension scheme assets 73.7 44.2 – (10.8) 4.7 111.8
Experience gains and losses arising on the scheme liabilities 8.3 (1.7) 0.1 0.1 (2.6) 4.2
Changes in assumptions underlying the present value of the
scheme liabilities (134.8) (6.3) (2.0) – – (143.1)
Irrecoverable surplus – – – 8.7 – 8.7
Actuarial (loss)/gain recognised in the statement
of total recognised gains and losses 5 (52.8) 36.2 (1.9) (2.0) 2.1 (18.4)
5. The statement of total recognised gains and losses includes amounts relating to joint ventures and associates and amounts in respect of minority interests of £(2.9) million (2004: £(1.1) million,
2003: £(0.9) million).