|
|
|
|
All figures in £
millions |
Post-Retirement |
Other |
Total |
At 31 December 1996 |
35.1 |
124.0 |
159.1 |
Exchange
differences |
0.5 |
1.2 |
1.7 |
Subsidiary
undertakings acquired/ disposed |
- |
6.7 |
6.7 |
Deferred
consideration arising on acquisitions |
- |
18.7 |
18.7 |
Transfer |
1.0 |
- |
1.0 |
Released |
(4.3) |
(2.8) |
(7.1) |
Provided |
14.0 |
23.5 |
37.5 |
Utilised |
(12.3) |
(30.7) |
(43.0) |
|
|
|
|
At 31
December 1997 |
34.0 |
140.6 |
174.6 |
|
|
|
|
Note: Post-retirement provisions are in respect of pensions, £18.7m
and post-retirement medical benefits, £15.3m. Other provisions are mainly
in respect of future costs relating to the purchase of subsidiary and
associated undertakings £52.1m, litigation £7.7m, reorganisations and
redundancies £40.6m, disposals and closures £2.8m, and lease commitments
£31.7m. Amounts utilised include £9.9m, and amounts released £1.7m,
in respect of provisions relating to subsidiary undertakings acquired.