ICI » Topics » Accounting for Pension Costs

This excerpt taken from the ICI 20-F filed Apr 1, 2005.
Accounting for Pension Costs and, for post-retirement healthcare in compliance with UITF Abstract 6 Accounting for Post-Retirement Benefits other than Pensions. Additional analysis is also provided in accordance with FRS No. 17 Retirement Benefits. Although none of the amounts calculated in accordance with this latter Standard are required to be recognised in the primary statements until accounting periods beginning on or after 1 January 2005, full disclosure in accordance with this Standard, is included in this note.

Analysis is also provided in note 42 of the aggregate net periodic benefits cost and funded status of the Group’s major post-retirement schemes restated in accordance with US GAAP and in compliance with the requirements of SFAS No.87

This excerpt taken from the ICI 6-K filed Mar 16, 2005.
Accounting for Pension Costs and, for post-retirement healthcare in compliance with UITF Abstract 6 Accounting for Post-Retirement Benefits other than Pensions. Additional analysis is also provided in accordance with FRS No. 17 Retirement Benefits. Although none of the amounts calculated in accordance with this latter Standard are required to be recognised in the primary statements until accounting periods beginning on or after 1 January 2005, full disclosure in accordance with this Standard, is included in this note.

Analysis is also provided in note 42 of the aggregate net periodic benefits cost and funded status of the Group’s major post-retirement schemes restated in accordance with US GAAP and in compliance with the requirements of SFAS No.87

EXCERPTS ON THIS PAGE:

20-F
Apr 1, 2005
6-K
Mar 16, 2005
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