|
|
|
Fund Account for the Year Ended 31 March 2004
|
2002/03 £000
|
|
Notes
|
2003/04 £000
|
£000
|
|
|
Contributions and Benefits
|
|
|
|
|
66,239
|
Contributions Receivable
|
|
74,840
|
|
|
15,856
|
Transfers in
|
|
10,146
|
|
|
82,095
|
|
|
84,986
|
|
|
(46,411)
|
Benefits payable
|
|
(50,968)
|
|
|
(11,499)
|
Leavers
|
|
(10,188)
|
|
|
(922)
|
Administration Expenses
|
|
(927)
|
|
|
(58,832)
|
|
|
(62,083)
|
|
|
23,263
|
Net additions from dealings with members
|
|
|
22,903
|
|
|
Returns on investments
|
|
|
|
|
30,190
|
Investment income
|
|
29,504
|
|
|
(302,546)
|
Change in market value of investments
|
|
247,067
|
|
|
(2,670)
|
Investment management expenses
|
|
(3,102)
|
|
|
(275,026)
|
Net returns on investments
|
|
|
273,469
|
|
(251,763)
|
Net increase/(decrease) in the fund during the year
|
|
|
296,372
|
|
1,344,463
|
Net assets of the scheme at 1 April
|
|
|
1,092,700
|
|
1,092,700
|
At 31 March
|
|
|
1,389,072
|
|
further information
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Last Updated:
30 November 2004
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