ICI » Topics » Loans and guarantees to Officers

This excerpt taken from the ICI 20-F filed Mar 31, 2006.
Loans and guarantees to Officers

At 31 December 2005 an interest free housing loan to an Officer of the Company amounting to £100,000 (2004 £100,000) was outstanding.

In accordance with the Company’s policy of providing housing assistance to staff on international assignment, throughout 2004, a subsidiary guaranteed a housing loan for an Officer to the extent of £143,000. During 2005, the Officer repaid the loan and the subsidiary was released from its guarantee.

 

64 ICI Annual Report and Accounts 2005 Accounts

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This excerpt taken from the ICI 6-K filed Mar 14, 2006.
Loans and guarantees to Officers

At 31 December 2005 an interest free housing loan to an Officer of the Company amounting to £100,000 (2004 £100,000) was outstanding.

In accordance with the Company’s policy of providing housing assistance to staff on international assignment, throughout 2004, a subsidiary guaranteed a housing loan for an Officer to the extent of £143,000. During 2005, the Officer repaid the loan and the subsidiary was released from its guarantee.

 

64 ICI Annual Report and Accounts 2005 Accounts

Back to Contents

EXCERPTS ON THIS PAGE:

20-F
Mar 31, 2006
6-K
Mar 14, 2006

RELATED TOPICS for ICI:

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