Minerva Equity Limited - 31 March 2019 Final 19.08.2019 - Flipbook - Page 57
Minerva Equity Limited (formerly DMWSL 881 Limited)
Notes to the financial statements
for the period ended 31 March 2019 (continued)
20 Pensions and similar obligations (continued)
Details of experience gains and losses
Period
ended
31 March
2019
£m
Defined benefit obligation
(13.2)
Plan assets
11.4
Deficit
(1.8)
Experience adjustment on plan assets
(0.4)
Experience adjustment on plan liabilities
(1.2)
Total amount recognised in the Statement of comprehensive income
(1.6)
The fair value of the plan assets was:
At 31 March
2019
£m
Equities
5.7
Other
5.7
Total assets
11.4
The values of the assets have been taken at bid value.
The group operates a number of defined contribution schemes for its employees. The amount
recognised as an expense for the defined contribution schemes was £5.5 million in the period.
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