Presentation - Kier Group
Presentation - Kier Group
Presentation - Kier Group
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HEADLINE NUMBERSPENSIONSAT 31 DECEMBERAT 30 JUNE<strong>Kier</strong> <strong>Group</strong> Pension Scheme:2009 2009 Change£m £m £mMarket value of assets 591.8 498.4 93.4Present value of liabilities (679.4) (594.5) (84.9)Deficit in the scheme (87.6) (96.1) 8.5Deferred tax asset 24.5 26.9 (2.4)Net pension liability (63.1) (69.2) 6.1Net effect of Sheffield scheme (18.4) (13.4) (5.0)Net pension liability (81.5) (82.6) 1.1Special cash contributions of £72.5m since 2005.Additional cash contribution of £13.2m in the six months to 31 December 2009 settled by way of landasset transfer.<strong>Kier</strong> <strong>Group</strong> plc interim results for the six months ended 31 December 2009 10
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